Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Urban studies: Doing research when every city is different 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Stock Futures Dip as Investors Await Key Payrolls Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
NZD/CHF chart on Trading View used for analysis
- NZD/CHF is extending cloud breakout, trades 0.45% higher on the day at 0.6696 at the time of writing.
- The pair is trading with a strong bullish bias. Momentum studies are bullish, RSI is above 60 levels.
- Price action has broken above cloud and we see +ve DMI dominance and MACD supports upside.
- Next bull target lies at 200-DMA at 0.6745. Breakout there could propel the pair higher.
- On the flipside, 5-DMA is immediate support at 0.6637. Retrace below cloud will negate bullish bias.
Support levels - 0.6637 (5-DMA), 0.6554 (cloud top), 0.6504 (23.6% Fib)
Resistance levels - 0.6717(50% Fib), 0.6745 (200-DMA)
Call update: Our previous call (https://www.econotimes.com/FxWirePro-NZD-CHF-Trade-Idea-1451442) has hit TP1/2.
Recommendation: Book partial profits at highs. Trail SL to 0.6635, target 200-DMA
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
