Bearish Momentum Accelerates Across Majors

NZDCAD Breaks Support – Bearish Momentum Targets 0.79957

NZDCAD breaks below 0.81314 support with strong downside momentum. RSI is oversold; price now eyes 0.79957 unless reversal kicks in.

NZDCAD has broken decisively below the 0.81314 support level, confirming a bearish trend continuation with a strong bearish candle. The earlier consolidation around 0.81500 offered only temporary support. Price is now testing the next level at 0.80622, with RSI dropping sharply below 30, indicating oversold conditions but sustained bearish momentum. Additionally, price is trading below the red Kijun-Sen band, reinforcing the bearish bias. A deeper move toward 0.79957 remains possible unless a strong bullish reaction occurs.

EUR/JPY Stalls Below Resistance – Range Remains in Play

EUR/JPY rejected from 163.899 and pulls back to mid-range. Bearish cloud and RSI at 44.60 suggest pressure toward 155.566 support.

EUR/JPY continues to trade within a well-defined range between resistance at 163.899 and support at 155.566. The pair recently rejected from the upper resistance zone and is now pulling back toward the mid-range level at 161.528. The Kijun-Sen cloud has turned red, signaling short-term bearish pressure, while the RSI sits at 44.60, leaning downward but still neutral with no divergence. Unless price reclaims the 163.00 zone, the pair could drift lower toward the range support near 155.566.

USD/JPY Slides Below Support – Bearish Momentum Intensifies

USD/JPY breaks below 146.647, now testing 144.472. RSI at 23.39 signals oversold conditions, but bearish trend remains dominant.

USD/JPY has broken decisively below the 146.647 support zone, confirming a bearish structural shift as price moves away from the red Kijun-Sen cloud. The pair is currently testing the 144.472 level, with the RSI plunging to 23.39, highlighting extreme bearish momentum and oversold conditions. While a swift recovery above 146.65 could delay further losses, the current setup suggests a downside extension remains likely unless a bullish RSI divergence or base formation develops.

USD/CAD Under Pressure – Watching for Signs of Reversal

USD/CAD holds near 1.41026 after a sharp drop. RSI at 31.37 remains oversold. No reversal yet, but U.S. data may spark volatility.

USD/CAD continues to trade under heavy bearish pressure, having broken through multiple support levels, and is now hovering around 1.41026. The thick red Kijun-Sen cloud above confirms the prevailing bearish trend structure. The RSI sits in oversold territory at 31.37, aligning with the steep sell-off. While no clear reversal signals have appeared yet, upcoming U.S. economic events could introduce short-term volatility and possibly a mean reversion opportunity—especially if RSI divergence begins to develop.