Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
FxWirePro- Woodies Pivot (Major) 
FxWirePro: GBP/USD slides to three-month low, scope for further downside 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
NZDJPY: Downtrend Favors Sellers If 90.60 Resistance Holds 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
FxWirePro: USD/ZAR rises as dollar gains on Fed hike bets 
Fade the Rally: EUR/JPY Short Opportunity Near 180.80 
FxWirePro: USD/CAD gains as broad dollar strength lifts pair 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
FxWirePro: AUD/USD softens as Australian unemployment rate nears 5-year high 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
FxWirePro- Major Pair levels and bias summary 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Add as a preferred source on Google
CAD/CHF chart on Trading View used for analysis
- CAD/CHF is extending weakness on the day after minor recovery attempts on Thursday were capped at daily cloud.
- The pair trades with a bearish bias on the intraday charts and we see scope for weakness.
- Price action is below daily cloud and major moving averages and we see convergence with RSI and Stochs.
- The pair has broken below 200W SMA and close below for the week confirms further downside.
- Next major bear target lies at 0.7355 (trendline support). While retrace above 200-DMA negates bearish bias.
- Focus on Canadian monthly GDP data due later in the day for fresh impetus.
Support levels - 0.7395 (June 22 low), 0.7355 (trendline)
Resistance levels - 0.7501 (5-DMA), 0.7516 (200W SMA), 0.7557 (200-DMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
