USD/CAD opened Noram markets 1.3021, -11 pips below the previous close, day's range 1.2993/1.3053.
- Oil continues to underpin the Loonie, Brent was up +1.9%, and WTI rose +2.1% on the day
- Daily price action has dipped into the Ichimoku cloud, has weakened the structure further, there is scope for the pair to extend downside.
- Spot has bounced fairly abruptly off of 1.2993 - a level that is consistent with the congestion zone seen during July and August
- USD/CAD is currently trading at 1.3007, with immediate resistance at 1.3052 (day's high) and support at 1.2992 (Session Low Oct 7)
- Focus today on Canada building permits data due later, forecasts are for +0.8% rise, US consumer credit also on tap
- Markets will also be watching Friday's Canadian employment data with considerable interest
Resistance Levels:
R1: 1.3052 (session highs Oct 7th)
R2: 1.3111 (55 EMA)
R3: 1.3134 (Daily High Oct 6)
Support Levels:
S1: 1.2992 (Session Low Oct 7)
S2: 1.2952 (Daily low Aug 12)
S3: 1.2944 (Daily Low Jul 30)


FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro- Major Pair levels and bias summary
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/AUD edges lower, remains on bearish path
Major Crypto Pair Crypto Score: BNBUSD Extremely Bullish at 100, Dominating as XRPUSD Turn Deeply Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: GBP/AUD risks tilt further to the downside 



