• EUR/NZD declined on Thursday as increased risk appetite and higher commodity prices boosted commodity linked New Zealand dollar.
•Kiwi dollar has benefited from recent surges in commodity and energy prices.Commodities looks set to increase further as the post-pandemic global economic recovery strengthens.
• EUR/NZD pair eyes 1.6466 (23.6%fib) support in the coming sessions and then 1.6430 (April 1st 2019 low).
• Technical signals show the pair could lose more ground as RSI is strongly bearish at 36 , and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.6545 (38.2%fib), any close above will push the pair towards 1.6572 (5 DMA).
• Immediate support is seen at 1.6466 (23.6%fib),and break below could take the pair towards 1.6430 (April 1st 2019 low).
Recommendation: Good to sell round 1.6480 with stop loss of 1.6590 and target price of 1.6400


FxWirePro: USD/ZAR retreats but trend is still bullish
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: GBP/NZD gains some ground but bias is still bearish
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro- Major Pair levels and bias summary
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 



