• EUR/CAD climbed early on Friday but later retreated, as market participants reassessed their positions after a chaotic week fueled by intensifying trade tensions.
• Markets faced a tough week, hit by a full-blown trade war and a bond selloff that sparked global recession fears and shook confidence in U.S. assets.
• Euro zone markets are stable despite global turmoil, and the ECB is prepared to act if needed, President Christine Lagarde said Friday.
• The European Central Bank is closely monitoring the situation and stands ready to use its available tools to ensure price and financial stability, which go hand in hand, Lagarde said at a press conference..
• Immediate resistance is located at 1.5788(38.2%fib), any close above will push the pair towards 1.6000(Psychological level).
• Support is seen at 1.5575(50%fib) and break below could take the pair towards 1.5395(61.8%fib).
Recommendation: Good to buy around 1.5760 , with stop loss of 1.5620 and target price of 1.5880


CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro- Major European Indices
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 



