• EUR/CAD eased slightly on Wednesday as investors exercised caution ahead Federal Reserve's interest rate decision due later in the day.
• The Fed is widely expected to keep interest rates unchanged on Wednesday, with investor attention centered on signals about future policy amid economic uncertainty from U.S. tariffs.
• Markets reacted calmly to the election of German conservative leader Friedrich Merz as chancellor on Tuesday, following a second round of parliamentary voting after an unexpected initial defeat.
• At GMT 15 :53,the euro was down 0.20% at 1.5635 against Canadian dollar .
• Immediate resistance is located at 1.5694(38.2%fib), any close above will push the pair towards 1.5815(April 29th high).
• Support is seen at 1.5573(Lower BB) and break below could take the pair towards 1.5503(50%fib).
Recommendation: Good to buy around 1.5630, with stop loss of 1.5550, and target price of 1.5730


FxWirePro- Major Pair levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR edges higher but bearish outlook persists
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



