• EUR/NZD edged lower on Monday as investors are adopting a cautious stance as they await signals from upcoming data releases.
• The U.S. and European Union signed an agreement earlier this week to reduce U.S. tariffs to 15%, concluding weeks of negotiations.
• On the data front, euro zone manufacturing activity expanded in August for the first time since mid-2022 due to a surge in domestic demand and output.
• Looking ahead, The euro zone releases unemployment, the August flash HICP, producer prices, retail sales and data and the third estimate of Q2 GDP.
• Investors also geared up for this week's U.S. jobs report, which could sway expectations for the Federal Reserve's next policy move at its meeting later this month..
• Technical are favouring bullish sentiment as RSI is at 58 and the pair is trading above 5,9 SMAs.
• Immediate resistance is located at 2.0049 (23.6% fib), any close above will push the pair towards 2.0110(Higher BB)
• Support is seen at 1.9772(SMS 20) and break below could take the pair towards 1.9657(38.2% fib)
Recommendation: Good to buy around 1.9800, with stop loss of 1.9760 and target price of 1.9900


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: AUD/USD dips on soft China data
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: USD/CAD recovers slightly but trend is still bearish
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro- Woodies Pivot(Major)
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 



