Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
BTC Slips Below $60K as Institutional Demand Dries Up — Bears Eye $59K Support, Rallies to $63K for Shorts 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Stock Futures Dip as Investors Await Key Payrolls Data 
NZDJPY Bears Reload as 92 Resistance Caps Bounce; Sell-on-Rallies Eyed Toward 90 
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6500 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6550 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD gaining momentum for a move towards 2.3100 level 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Wall Street Analysts Weigh in on Latest NFP Data 
NZD/JPY chart on Trading View used for analysis
- NZD/JPY hits new 3-month highs at 75.64, intraday bias is bullish.
- The pair is extending breakout at major trendline resistance at 74.90.
- Technical analysis shows scope for further gains. Stochs and RSI are sharply higher and MACD supports upside.
- The pair finds major hurdle at 200-DMA at 75.90, break above to propel the pair higher.
- Price action is now above major moving averages and volatility is seen rising.
- Next bull target on break above 200-DMA lies at at 76.85 (July 17 high) ahead of 78 (61.8% Fib).
- We see weakness only on retrace below 110-EMA at 74.70.
Support levels - 74.93 (5-DMA), 74.70 (110-EMA), 74.45 (23.6% Fib)
Resistance levels - 75.81 (38.2% Fib), 75.90 (200-DMA), 76.85 (July 17 high)
Recommendation: Watch out for break above 200-DMA to go long, target 76.85/ 78
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
