• NZD/USD rose higher on Monday as risk sentiment was lifted by Iran’s proposal to reopen the Strait of Hormuz.
•Iran gave the U.S. a new proposal through Pakistani mediators on reopening the waterway and the ending of the war, with nuclear negotiations postponed for a later stage.
•Markets are reacting positively to signs of easing supply disruptions. Reopening the key oil transit route has historically boosted risk assets and pressured safe havens by reducing energy shock fears.
•Ongoing backchannel diplomacy highlights that while progress is tentative, dialogue remains •active helping stabilize sentiment even without a formal agreement.
• Despite the ceasefire, the strait remains either partially restricted or inconsistently accessible, keeping traders on edge. This narrow waterway handles roughly 20% of global oil and gas flows, making it central to supply dynamics.
• Immediate resistance is located at 0.5922(50%fib), any close above will push the pair towards 0.5976(Higher BB).
•Support is seen at 0.5847 (61.8%%fib) and break below could take the pair towards 0.5830(SMA20).
Recommendation: Good to buy around 0.5850 with stop loss of 0.5800 and target price of 0.5950


FxWirePro-Major European Indices
Bitcoin Flat Near 77k as US-Iran Tensions Escalate; ETF Inflows Near $1B for the Week
FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile
FxWirePro- Major Pair levels and bias summary
NZDJPY Dip-Buy Setup: 93.58 Holds as Bulls Eye 95–96
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish
FxWirePro: USD/JPY below lower range, bearish bias increases
FxWirePro: AUD/USD sustains gains as uptrend remains strong
FxWirePro: EUR/AUD edges higher but bearish outlook persists
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
FxWirePro: AUD/USD nurses losses in subdued trading
FxWirePro- Major Pair levels and bias summary 



