FxWirePro: USD/ZAR continues to recovers , upside pressure builds 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD reverses course, bias back to downside 
FxWirePro: EUR/NZD remains under pressure as key support gives way 
FxWirePro: GBP/USD stuck in range but maintains bearish bias 
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 
FxWirePro:NZD/USD continues to recovers , upside pressure builds 
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction 
FxWirePro- Major European Indices 
FxWirePro: USD/CNY falls to three-year high, scope for further downside 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite 
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel 
FxWirePro: USD/JPY steadies around 158.75, bias bullish 
CADJPY lost its shine after the BOC monetary policy. It hit a low of 106.60 and is currently trading around 106.68.
BOC reduced rates by 25 bpbs as expected to 4.25%. The central bank stated that preliminary indicators show that economic activity was soft in June and July.
Technicals-
The pair is trading below 34- and 55 EMA in the hourly chart.
The near-term resistance is around 107.25, a breach above targets 107.70/108/108.85. The immediate support is at 106.60, any violation below will drag the pair to 106/105.
Indicator ( hourly chart)
CCI (14)- Bearish
CCI (50)- Bearish
Average directional movement Index- Bearish. All indicators confirm a bearish mixed trend.
It is good to sell on rallies around 106.85-90 with SL around 107.25 for a TP of 105.70.
