• EUR/AUD pair initially firmed but gave up ground as investors focus shifted to the US President-elect Donald Trump’s inauguration ceremony.
• ECB policymaker Joachim Nagel urged caution against rushing interest rate cuts, citing elevated inflation and significant economic uncertainty. His remarks highlight the ECB's measured approach amid ongoing challenges.
• The ECB has cut interest rates four times since June and is expected to continue doing so in the next six months, having seen inflation fall from double digits in late 2022 to just above its 2% target..
• Immediate resistance is located at 1.6621 (38.2% fib), any close above will push the pair towards 1.6766 (23.6% fib).
• Strong support is seen at 1.6498(50 fib) and break below could take the pair towards 1.6376(61.8% fib )
Recommendation: Good to buy around 1.6550 with stop loss of 1.6450 and target price of 1.6720


FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance?
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation 



