Candlestick- Shooting star
Ichimoku Analysis (8-hour chart)
Tenken-Sen- 79.30
Kijun-Sen- 79.30
CADJPY lost more than 200 pips after forming a minor top around 80.14. The decline was mainly due to the strong yen. The demand for Safe-haven assets like Yen increased after a huge spread of second wave coronavirus in major countries. The pair has formed a temporary bottom around 74.78 and jumped more than 700 pips.
WTI Crude oil is trading in a narrow range between $42.46 and $40.47 for past one week. Any violation above $42.50 confirms further bullishness. It is currently trading around $41.40.
On the higher side, the pair is facing immediate at 79 (100- 8H MA) and any violation above will take the pair to the next level till 79.50/80.15/81.
The near-term support is around 78.26 (200- 8H MA), an indicative break below targets 78/77.77/77. Significant selling can be seen only below 78.
It is good to sell on rallies around 78.75-80 with SL around 79.30 for the TP of 77.


FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/ZAR edges lower ,investors remain on edge 



