USD/CAD is consolidating in narrow range after hitting high of 1.31592 on Friday. USD was trading high er against Canadian dollar on account positive US economic data and weak crude oil price.The pair showed a major decline till 1.30670.It is currently trading around 1.3135
Brent Crude oil has lost more than $2.5 dollar form yesterday’s high of $78on account of rising trade tensions between US and China and rising crude supplies. Any break below $75 confirms minor weakness and decline till $73.84 (200- day MA) is likely.Now focus is on Nov 4th US sanctions on Iran gets starting. It is currently trading around $75.45.
On the lower side any break below 1.3065 will drag the pair down to next level till 1.3000/1.2960.
The near term resistance is around 1.3160 (61.8% fib) and any break above targets 1.320/1.3245.
It is good to buy on dips around 1.3125 with SL around 1.3060 for the TP of 1.3245.


Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro- Woodies Pivot(Major)
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro- Major European Indices
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro- Major Crypto levels and bias summary
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro- Major Pair levels and bias summary 



