FxWirePro: USD/CAD recovers slightly but trend is still bearish 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
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GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
USDCAD continues to trade higher for 2nd day after jumping more than 80 pips yesterday. The pair has formed minor bottom around 1.30685 and shown more than 150 pips jump.DXY is rebounding strongly and jumped more than 100 pips in this week. The pair hits high of 1.32536 and is currently trading around 1.3240.
Crude oil prices has recovered more than $1.5 after hitting low of $61.08. Brent has jumped more than $13 from low of $50.29 on OPEC production cut and U.S sanctions on Venezuela. It is currently trading around $62.46.
On the higher side, near term resistance is around 1.3270 and any break above will take the pair to next level till 1.3300/1.3380.
The major support is at 1.3120 (200- day MA) and any violation below will drag the pair down till 1.3070 (300- day EMA)/1.3000. the minor support is around 1.3160.
It is good to buy on dips around 1.3200 with SL around 1.3160 for the TP of 1.3300/1.3380.
