- USD/CAD has declined sharply more than 250 pips on account of good jump in oil prices and ongoing Middle East tension. The pair hits low of 1.25540 and is currently trading around 1.25608. The easing of fears over the future of the North American Free Trade Agreement also supporting prices of CAD.
- WTI Crude oil prices jumped more than 9% in this week and hits high of $67.73 on account of tension in Middle East and shrinking global oil inventories. It is currently trading around $66.94.
- Technically near term resistance is around 1.2625 and any break above targets 1.26505 (38.2% fibo)/1.2700/1.27200. Overall bullish continuation only above 1.3125.
- On the lower side, near term support is around 1.2550 and any break below will drag the pair down till 1.2500/1.24500.
It is good to sell on rallies around 1.2605-10 with SL around 1.2635 for the TP of 1.2550/1.2500.


FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD biased higher but rally currently stretched
AUD/JPY Outlook: Bullish Trend Intact Despite US-Iran Diplomatic Stalls
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY holding bid into weekend
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: NZD/USD softens on Iran peace talk failure 



