• EUR/NZD strengthened on Monday after ECB indicated a move from negative interest rates.
• EUR/NZD advance above 1.6500 after ECB President Christine Lagarde said in a blog post that the bank was likely to lift the euro area deposit rate out of negative territory.
• The pair is currently approaching resistance at 38.2%fib. A break and daily close above will accelerate further gains towards 1.6600 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 58, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.6556 (38.2%fib), any close above will push the pair towards 1.6591(10DMA).
• Strong support is seen at 1.6440 (21DMA) and break below could take the pair towards 1.6364(50%fib)
Recommendation: Good to buy around 1.6510 with stop loss of 1.6400 and target price of 1.6600


FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Woodies Pivot(Major)
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/ZAR edges higher but bearish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



