Iran Unrest Sparks Oil Rally — Bounce Off EMA, Buy Dips to $66.40 Glory 
Urban studies: Doing research when every city is different 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
FxWirePro: USD/JPY builds momentum , eyes 157.00 level in the short term 
GBPJPY Bulls Dominate: Holds Above 213 with Eyes on 215 Breakout 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
NZDJPY Breaks 94: Bulls Charge as Kiwi Roars Back 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
EURJPY Breaks Above 184 – Euro Bulls Charge Toward 187 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
FxWirePro: EUR/AUD bearish as RBA hike boosts Australian dollar 
Wall Street Analysts Weigh in on Latest NFP Data 
NZD/USD chart - Trading View
NZD/USD was trading 0.92% lower on the day at 0.6049 at around 06:00 GMT.
The pair retreats from 4-week high, breaks below 5-DMA, scope for further downside.
US dollar is seen recovering some lost ground following Tuesday’s sharp sell-off, weighing on the pair.
NZD/USD has failed to extend break above 0.61 handle, bears eye 21-EMA support at 0.6020, break below will see further downside.
Speculation of a global recession and further deterioration of fundamentals on account of the COVID-19 pandemic keeps risk assets on check.
Technical studies are poised for bearish reversal. Stochs are on verge of rollover from overbought levels.
Major trend as evidenced by GMMA indicator is bearish. Minor trend is turning neutral. Break below 200H MA will confirm further weakness.
Support levels - 0.6020 (21-EMA), 0.60 (200H MA), 0.5936 (20-DMA)
Resistance levels - 0.6145 (55-EMA), 0.6241 (Cloud base), 0.6264 (61.8% Fib)
