• EUR/NZD after initially gaining on Monday the pair retreated as investors digested Eurozone economic figures .
• German industrial orders saw a smaller-than-anticipated increase in November. Meanwhile, a separate report indicated that investor confidence in the eurozone improved for the third consecutive month in January.
• In an up-and-down session, the pair hit high at 1.7620 in early trading then retreated towards 1.7543.
• Technical signals are bullish as RSI is trending up, daily momentum studies 5, 9 DMAs are trending north.
• Immediate resistance is located at 1.7556 (38.2%fib), any close above will push the pair towards 1.9470 (23.6%fib).
• Strong support is seen at 1.7496(50%fib) and break below could take the pair towards 1.7445(61.8%fib)
Recommendation: Good to buy around 1.7540 with stop loss of 1.7400 and target price of 1.7660


EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major European Indices
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 



