FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
FxWirePro: AUD/USD cedes early gains ,outlook bearish 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
Loonie was trading extremely higher in month of Dec 2018. the main reason for huge decline in Canadian dollar was major sell-off in crude oil prices and slight dovish Bank of Canada and global stock market meltdown. The pair hits high of 1.36615 and shown a decline of more than 3.5% recovery. Bank of Canada has kept its interest rates unchanged at 1.75% and downgraded economic outlook on falling oil price. Crude oil price has fallen more than 40% in the past three months on increase in supply and trade war between US and China. The pair hits low of 1.31800 and is currently trading around 1.32920.
Brent crude oil has jumped nearly $5 in previous week biggest weekly gain in two years. The commodity hits the high of $61.60 on account Saudi production cuts and easing trade war between US and China. But weak Chinese trade data released today was weaker than expected is putting pressure on crude oil.
The near term resistance is around 1.3300 (23.6% fib) and any violation above targets 1.3320/1.3370/1.3425.
On the lower side, near term support is around 1.3165 (100-day MA) and any break below targets 1.3070 (200- day MA)/1.3050.
It is good to buy on dips around 1.3220 with SL around 1.3160 for the TP of 1.3400.
