• GBP/NZD eased on Monday as kiwi dollar firmed following stronger-than-expected retail sales data .
• Data on Monday showed retail sales in New Zealand rose a solid 0.5% in the June quarter amid signs of a long-awaited recovery in consumer spending. On an annual basis, New Zealand’s retail sales rose 2.3% in Q2, sharply up from 0.7% in Q1.
•Sales rose across most industries, led by strong gains in electronics, supermarkets, groceries, and pharmaceuticals, the data showed.
•The strong increase suggests that consumers are responding to lower interest rates, supporting robust household spending.
• Technical signals are bullush as RSI is at 51, daily momentum studies 14, and 21DMAs are trending up.
• Immediate resistance is located at 2.3213(23.6%fib), any close above will push the pair towards 2.3224 (Aug 20th high).
• Strong support is seen at 2.2963(38.2%fib) and break below could take the pair towards 2.8003 (50%fib).
Recommendation: Good to buy around 2.2900 with stop loss of 2.2800 and target price of 2.3150


FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD holds steady ahead of key Australian and U.S. data
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
FxWirePro: GBP/AUD stuck in range but maintains bearish bias
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY hovers near 160, outlook bullish
Bitcoin Dips Before the Flip: Whales Load Up $3B as $80K Rebound Looms
AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 



