- CAD/JPY has recovered sharply from the low of 90.06 yesterday on account of strong crude oil prices. The pair jumped till 91.10 yesterday and is currently trading around 91.07.
- US crude oil has shown a minor recovery after showing a decline till $51.41 after American Petroleum Institute (API) reported a draw of 761000 bbls in US compared to inventory forecast of +3.42 million bbls. WTI crude hits 7- month high at $52.40 after Turkey threatens to block Kurdish exports.
- On the lower side, any break below 23.6% retracement at 90 will drag the pair down till 89.21 (34- day EMA)/88.48 (50- day MA).
- The pair ‘s near term major resistance is around 91.65 and any break above will take the pair to next level till 92.60 (161.8% retracement)/93.
It is good to buy on dips around 90.90-91 with SL around 89.99 for the TP of 93.


UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 



