Ichimoku Analysis (Hourly chart)
Tenken-Sen- 76.46
Kijun-Sen- 76.28
CADJPY has halted its 3 weeks of the bearish trend and shown a minor recovery of more than 350 pips. The Canadian dollar was one the worst performer this year especially against USD and lost more than 1000 pips due to weak crude oil prices. WTI crude oil shown a massive sell-off of more than 50% from a recent high and hits 4 years low on price war and coronavirus.
Technically, pair is facing strong resistance is around 77.70 and any violation above will take the pair to the next level till 78.55/79.30/80.
The immediate support is at 76.25, an indicative break below targets 75.75/75.31/74.67.
It is good to buy on dips around 76.70-75 with SL around 76.25 for the TP of 78.55.


Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro- Major European Indices
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro- Woodies Pivot(Major)
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback 



