• EUR/CAD initially gained but gave up ground as markets digested Bank of Canada and Federal Reserve policy decision
• The Bank of Canada lowered its key policy rate by 25 basis points to a three-year low of 2.5%, its first cut in six months, citing a soft labor market and easing inflation pressures.
• The Fed reduced interest rates by 25 basis points and signaled a steady pace of cuts through the rest of the year, while Chair Jerome Powell emphasized that decisions will be made on a “meeting-by-meeting” basis.
• Technical are favoring bullish sentiment as RSI is at 61 and the pair is trading above 11,14 & 21-DMAs.
• Immediate resistance is located at 1.6339 (Higher BB), any close above will push the pair towards 1.6365(23.6%fib).
• Support is seen at 1.6173 (SMA 20) and break below could take the pair towards 1.6103(38.2%fib).
Recommendation: Good to buy around 1.6260 , with stop loss of 1.6200 and target price of 1.6350


FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge
FxWirePro:NZD/USD edges lower, bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD edges higher but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
FxWirePro: USD/JPY edges up, looks to extend gains
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias 



