- Chart Pattern- Head and Shoulder pattern.
- USD/CAD has declined almost more than 200 pips in this week from the high of 1.29407. The pair hits low of 1.27445 yesterday. The major dip was due to rising optimism in NAFTA trade deal. The pair shown a minor recovery till 1.28066 as US dollar is trading higher against all majors. It is currently trading around 1.27765.
- Market eyes US and Canadian employment data which is to be released today for further direction.
- Oil price is consolidating after hitting low of $62.05 and commodity jumped more than $1 from yesterday’s low. The commodity was trading weak on US- China trade war.
- Technically near term resistance is around 1.2860 and any break above targets 1.2920/1.2950. Overall bullish continuation only above 1.3125.
- On the lower side, near term support is around 1.2740 and any break below will drag the pair down till 1.2760/1.2700.
It is good to sell on rallies around 1.2865-70 with SL around 1.2925 for the TP of 1.2780/1.2725.


FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gives up early gains as market volatility spikes
GBP/JPY Breaks 215.00: Sterling Strength Fuels Bullish Run Toward 217.00
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
AUD/JPY Outlook: Bullish Trend Intact Despite US-Iran Diplomatic Stalls
ETH/USD Outlook: Ethereum Targets 2,770 USD as Support Holds Near 2,150 USD
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/JPY edged higher as dollar gains as peace talks falter
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: USD/CNY partially recovers early session losses
FxWirePro: USD/CAD slides as oil rally strengthens Loonie
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Major European indices
NZD/JPY Eyeing 95.00: Bullish Trend Holds Amid Strategic Consolidation
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 



