- EUR/CAD hovers around 20-day MA at 1.4557, intraday bias lower.
- Upside finds stiff trendline resistance at 1.4650, pair rejected multiple times at trendline.
- Some weakness is seen on intraday charts, markets await German Ifo data.
- The headline Ifo Business Climate Index is expected to tick higher to 108.5 in Aug, while the Current Assessment sub-index is seen at 114.9, compared to 114.7 last, and the Ifo Expectations Index is also expected to head north to 102.5 from the 102.2 registered previously.
- If there is a bearish surprise, we expect the pair to drop to 1.45 and then 1.4465 levels.
Recommendation: Good to short break below 1.4557, SL: 1.46, TP: 1.45/ 1.4465/ 1.4430


AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Crypto levels and bias summary 



