• EUR/CAD firmed on Thursday as the Canadian dollar came under downward pressure as markets ponder US trade policy.
• On Wednesday, President Donald Trump indicated that the current 25% tariff imposed on cars imported from Canada to the United States might be increased.
• This announcement came as part of ongoing tensions surrounding trade policies between the two countries, particularly concerning the U.S.-Canada trade relationship.
• On the data front, German business morale unexpectedly improved in April, with the Ifo institute's business climate index rising to 86.9 from 86.7 in March, surpassing analysts' forecast of 85.
• At GMT 16:49,the euro was up 0.53% at 1.5793 against Canadian dollar .
• Immediate resistance is located at 1.5806 (Daily high), any close above will push the pair towards 1.5942 (23.6%fib).
• Support is seen at 1.5705 (38.2%fib) and break below could take the pair towards 1.5579(March 18th low).
Recommendation: Good to buy around 1.5780, with stop loss of 1.5700 and target price of 1.5860


FxWirePro: USD/CAD loses upside momentum but outlook is bullish
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro- Major Pair levels and bias summary
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
JPY Major Currency Score 



