FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro- Woodies Pivot(Major) 
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FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/USD biased higher but rally currently stretched 
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FxWirePro: USDCAD Daily Outlook
Ichimoku analysis (Daily Chart)
Tenken-Sen- 1.30854
Kijun-Sen- 1.30792
USDCAD has shown a minor recovery despite better than expected Canadian retail sales data. It grew by 1.1% in September compared to a forecast of 0.2%. The surge in the new number of coronavirus is supporting the US dollar at lower levels.DXY is facing strong resistance at 200-H MA at 92.65, any hourly close above targets 93/93.20. Loonie hits an intraday high of 1.30718 and currently trading around 1.30600.
WTI crude oil is trading slightly high on vaccine hopes. Any break above $42.50 confirms bullish continuation.
Technically, the pair faces near term resistance at 1.3080. Any violation above targets 1.3125/1.3170/1.3200. The near term support is around 1.3030; an indicative break below will take to the next level till 1.3000/1.2925.
It is good to sell on rallies around 1.3078-80 with SL around 1.3125 for the TP of 1.3000.
