Weekly Analysis For AUDNZD, EURNZD, NZDCHF, EURGBP, And AUDCAD (January 20 – 24, 2025)

The forex market continues to present dynamic opportunities across various currency pairs. This week, attention is focused on AUDNZD, EURNZD, NZDCHF, EURGBP, and AUDCAD. These pairs exhibit diverse trends, encompassing consolidation, breakouts, and potential reversals. With global economic shifts influencing market movements, traders must remain vigilant and adaptable. Below is a detailed analysis of these currency pairs, offering insights to support trading strategies.

AUDNZD

Major Bias: Bearish
AUDNZD maintains a bearish outlook despite its ongoing consolidation phase. The pair remains positioned below the 1.11100 significant level, reflecting sellers’ control. The Stochastic Oscillator shows increasing bearish momentum, pointing to further downside potential. The Momentum Indicator also signals a possible decline, providing an opportunity for sell traders to leverage the current trend. A breakout below the consolidation range could confirm extended bearish movement.

EURNZD

Major Bias: Bullish
EURNZD suggests a bullish trajectory, even amid a period of consolidation. Buyers have attempted to overcome the 1.85410 significant level but encountered resistance. The Stochastic Oscillator indicates strengthening bullish momentum, hinting at potential long trades in the days ahead. While the Momentum Indicator remains neutral, it could soon align with bullish activity. Traders should monitor price action closely for a clear breakout above 1.85410 to solidify a bullish bias.

NZDCHF

Major Bias: Bullish
NZDCHF has sustained its bullish trend since last year, with buyers showing consistent strength. The market recently broke above the 0.52630 level, following steady support from the 0.50370 zone. The Momentum Indicator reflects robust buying activity, while the Parabolic SAR supports continued upward movement. Bulls appear ready to maintain their dominance, and the trend is likely to extend further.

EURGBP

Major Bias: Bearish
EURGBP has adopted a bearish stance, with sentiment increasingly favoring sellers. Buyers faced resistance near the 0.84620 significant level, resulting in diminished momentum. The Parabolic SAR confirms bearish pressure as the price approaches the 0.84050 zone. Traders are advised to await additional confirmation of bearish momentum before entering short positions.

AUDCAD

Major Bias: Bullish
AUDCAD buyers retain control, with bullish momentum steadily building. The pair has experienced growth from the 0.88460 support level, with buyers now targeting an extension beyond the 0.90230 resistance zone. Both the Parabolic SAR and Momentum Indicator support continued upward movement. A sustained breakout above resistance could validate further bullish advances.
For traders leveraging these insights and crypto signals, this week offers promising opportunities for strategic engagement across the analyzed pairs.