This week’s FX market outlook is largely tilted to the downside, with AUDNZD, EURGBP, AUDCAD, and NZDCHF all showing bearish structures after repeated failures at resistance. Sellers remain in control, pressing these pairs toward key support levels. The only exception is EURNZD, which continues to stand out on the bullish side, holding above support and extending its breakout toward fresh highs.
AUDNZD
Market Bias: Bearish
AUDNZD has been rejected at the 1.14116 resistance and is now retracing lower. The MACD shows bearish momentum with a widening gap below the signal line, while the ATR highlights rising volatility. Sellers are likely to push the pair toward the 1.13209 and 1.11726 support levels. The bias remains bearish unless price reclaims and sustains above 1.14116.
EURGBP
Market Bias: Bearish
EURGBP continues to struggle at the 0.87310 resistance, with repeated rejections keeping the pair range-bound. The RSI is holding near 60, suggesting limited upside momentum, while the MACD shows a recent bullish crossover but with weak follow-through. The immediate bias leans bearish, with downside targets at 0.86720 and 0.86001 unless buyers can force a breakout above 0.87310.
AUDCAD
Market Bias: Bearish
AUDCAD remains under sustained selling pressure. Price has slipped below 0.9100 and is now testing the 0.9065 support. The MACD is firmly negative, and the ATR indicates heightened volatility, reinforcing the bearish tone. A decisive break below 0.9065 could open the way toward 0.9000, while resistance is now capped at 0.9194.
NZDCHF
Market Bias: Bearish
NZDCHF is pressing against the 0.62063 support, with price action showing little sign of recovery. The MACD remains negative despite a slight uptick in the histogram, while the ATR confirms steady volatility. The broader trend is still bearish, and a breakdown below 0.62063 could expose the next downside target at 0.6000. Any rallies are likely to face resistance near 0.64015.
EURNZD
Market Bias: Bullish
EURNZD continues to display strong upward momentum. After consolidating above 1.70318, the pair has maintained its bullish structure, supported by a positive MACD and steady volatility on the ATR. As long as price holds above 1.70318, the bias remains bullish, with upside potential toward 1.71708 and beyond. Support rests at 1.66200, keeping the broader trend intact.
Make money without lifting your fingers: Start using a world-class auto trading solution
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
