NZD/CAD trades in a strong bearish path near support at 0.79904 with oversold indicators. Market participants will watch upcoming CPI and GDP events to gauge if the pair breaks down
GBPNZD displays strong bullish technical structure on daily charts, though upcoming major economic releases and resistance at 2.35338 require close monitoring.
GBP/AUD enters the week at 1.8875 under mild bearish pressure, with key support at 1.87275 and resistance at 1.93568 guiding the technical outlook alongside crucial UK economic data releases.
GBP/CAD trades in a moderately bearish daily technical posture near 1.86833, defined by key support at 1.86027 and resistance at 1.90387.
EUR/SEK enters the week approaching resistance at 11.24475 following strong gains. Positive MACD momentum supports the uptrend, though an overbought RSI signals potential consolidation near resistance.
EUR/PLN trades in a neutral-to-bullish posture near 4.32153, guided by support at 4.24763 and resistance at 4.34534.
EUR/NZD maintains a strong bullish trend on the daily chart, closing at 2.00250, though an overbought RSI suggests potential consolidation near support levels.
EUR/CAD trades near 1.60585 under mild bearish momentum, maintaining a range between key support at 1.59977 and resistance at 1.62683 while key Canadian inflation data approaches.
EUR/AUD remains in a neutral consolidation phase near 1.62212, bounded by support at 1.60793 and resistance at 1.66172. Traders should watch upcoming PMI and employment releases for a potential breakout
CHF/JPY remains in a daily downtrend closing at 189.978, with deeply oversold RSI levels suggesting possible consolidation near support at 189.072.
