FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel 
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play 
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD eases as market awaits Iran deadline 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/ZAR continues to recovers , upside pressure builds 
FxWirePro: AUD/USD slips amid wavering risk sentiment 
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY falls to three-year high, scope for further downside 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains 
FxWirePro: GBP/USD stuck in range but maintains bearish bias 
FxWirePro- Major Pair levels and bias summary 
CADJPY pared most of its gains on the weak Canadian dollar. It hit an intraday low of 110.23 and is currently trading around 110.29
Market eyes Canadian retail sales for further movement.
The retail sales data for Canada in October 2024 is expected to show continued growth in consumer spending. Monthly sales are projected to rise by 0.4%, following a solid 0.4% increase in September. Year-over-year, sales are expected to grow by about 1.4%, demonstrating resilience despite economic challenges.
Technicals-
The pair is trading below 34- and 55 EMA in the 4-hour chart.
The near-term resistance is around 111, a breach above targets 112/112.92/114.85/116.05/118/118.65. The immediate support is at 110.50, any violation below will drag the pair to 109.25/107.99.
Indicator ( 4 hour-chart)
CCI (14)- Bearish
ADX- Bearish
All indicators confirm a bearish trend.
It is good to sell on rallies around 111 with SL around 112 for a TP of 108.
