- GBP/CAD is trading in an extremely narrow range, struggles to find catalyst for its next move.
- Upside in the pair remains capped at major trendline resistance at 1.7435. We see resumption of upside on break above.
- Break above 100W SMA keeps scope for upside. Technical studies on weekly charts highly bullish.
- RSI and Stochs are highly bullish. We see +ve DMI dominance. Price action is above daily cloud and major moving averages.
- Break above 1.7435 finds next major resistance lies at 38.2% Fib retrace of 2.09720 to 1.57361 fall at 1.7736.
- On the flipside, retrace and close below 100W SMA invalidates bullish bias.
Support levels - 1.7311 (5-DMA), 1.7088 (Ichi cloud), 1.7050 (20-DMA)
Resistance levels - 1.7465 (Nov 2017 highs), 1.7525 (Sept 2016 high), 1.7736 (38.2% Fib retrace of 2.09720 to 1.57361 fall)
Call update: Our previous call is progressing well.
Recommendation: Watch out for break above 1.7435, stay long for targets.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


NZDJPY Narrow Range, Bullish Tilt: Dip-Buy Ahead of 95–96 Breakout
FxWirePro- Woodies pivot (Major)
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
FxWirePro- Major Crypto levels and bias summary
NZDJPY Dip-Buy Setup: 93.58 Holds as Bulls Eye 95–96
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
FxWirePro- Major Pair levels and bias summary
FxWirePro-Major European Indices
FxWirePro: AUD/USD nurses losses in subdued trading
BTCUSD Flat Ahead of Peace Talks: Dip-Buy Near 75k Opens Path to 80k–90k Targets
Bitcoin Flat Near 77k as US-Iran Tensions Escalate; ETF Inflows Near $1B for the Week
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains 



