• EUR/CAD initially dipped on Friday as investors digested weak economic reports out of the Eurozone area.
• Germany's retail sales unexpectedly fell in December, according to data released by Destatis on Friday.
• Retail sales grew by 1.6% month-on-month in December, exceeding economists' expectations of no change.
• German inflation held steady at 2.8% year-on-year in January, according to preliminary data from the federal statistics office released on Friday.
• At GMT 16:28,the euro was down 0.12% at 1.5044 against Canadian dollar .
• Technical signals are bullish as RSI is heading up at 23, daily momentum studies 5, 9 and 1 DMAs are trending down.
• Immediate resistance is located at 1.5122(23.6%fib), any close above will push the pair towards 1.5175(Higher BB).
• Support is seen at 1.4995 (38.2%fib) and break below could take the pair towards 1.4943(Jan 23rd low).
Recommendation: Good to buy around 1.5020 , with stop loss of 1.4900 and target price of 1.5100


FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro- Major Crypto levels and bias summary
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro- Woodies Pivot (Major)
FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices 



