• EUR/NZD dipped on Thursday as rise in commodity prices and increased risk appetite boosted the commodity-price sensitive New Zealand dollar.
•Risk appetite returned to financial markets a day after the U.S. Federal Reserve kept benchmark interest rates on hold.
• EUR/NZD is approaching support 1.7985. A break and daily close will accelerate further drop towards 1.7900 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 49 bullish, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.8089 (50%fib), any close above will push the pair towards 1.8118 (9DMA).
• Strong support is seen at 1.7985(38.2%fib) and break below could take the pair towards 1.7857 (23.6% fib )
Recommendation: Good to buy around 1.8020, with stop loss of 1.8140 and target price of 1.7930


EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Major Pair levels and bias summary
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: GBP/AUD bears maintain upper hand 



