Ichimoku Analysis ( hourly chart)
Tenken-Sen- 80.11
Kijun-Sen- 80.16
CADJPY lost more than 100 pips in the past three trading days after forming a temporary top around 81.82. The decline was due to strength in yen on ongoing trade war tension. The Canadian dollar was one of the worst performers this week on the weak oil prices. WTI crude oil price trading lower for 2 nd consecutive week and is trading around $52.55.
On the flip side, near term support is around 79.50 and any major weakness only below that level. Any convincing violation below targets 79/78.75/78.50.
The near term resistance is around 80.25 (23.6% fib) and any break above will take the pair to next level 80.69/81.10. Major trend reversal only above 82.10.
It is good to buy on dips around 79.80-85 with SL around 79.50 for the TP of 81.


FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 



