• EUR/CAD strengthen on Wednesday as Canadian dollar weakened after BoC cuts rates by 25 basis points to 3% as expected.
• The Bank of Canada cut its policy rate by 25bps to 3%, lowered growth forecasts, and warned of potential economic damage from a U.S. tariff war.
• Wednesday's rate cut was the sixth consecutive reduction by the Bank of Canada. While inflation remains within the 1-3% target range, economic growth remains sluggish.
• The central bank raised its inflation forecast to 2.3% for 2025 (from 2.2%) and to 2.1% for 2026 (from 2.0%), excluding the potential impact of U.S. tariffs.
• Technical signals are bullish as RSI is heading up at 60, daily momentum studies 9, 11 and 14 DMAs are trending up.
• Immediate resistance is located at 1.5108(23.6%fib), any close above will push the pair towards 1.5146 (Higher BB).
• Support is seen at 1.4994(38.2%fib) and break below could take the pair towards 1.4897(50%fib).
Recommendation: Good to buy around 1.5000, with stop loss of 1.4900 and target price of 1.5180


FxWirePro: GBP/USD falls as investors assess Britain's political transition
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
Major Pairs Action Bias: NZDUSD Turns Extremely Bullish as EURUSD Stays Bearish – AUDUSD Emerges as Key Bullish Pair to Watch
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
Major Pair Action Bias: AUDUSD and NZDUSD Bullish While EURUSD Turns Bearish
FxWirePro: NZD/USD rallies as NZ inflation hits 2-1/2-year high
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments
FxWirePro: USD/CNY dips as yuan firms as investors await policy cues
FxWirePro: USD/CAD advances as loonie dips on softer Inflation and Middle East uncertainty
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
FxWirePro- Woodies pivot (Major)
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch 



