- USD/CAD jumped to a high of 1.3090 on Friday before trimming gains to end the day at 1.3036 levels.
- The pair has broken major resistance at 1.3000 (100-DMA), scope for further gains on charts.
- Oil edges lower on the day, ignores bullish comments from Saudi oil minister, keeps CAD subdued.
- Momentum studies for the pair are bullish. 1.3090 (Friday’s high), above which the pair could target 1.3107 (June 28 high), 1.3121 (June 27 high) and then 1.3189 (May 24 high).
- Weakness only on break below 1.2986 (23.6% Fib of Jan to May fall), test of 1.2931 (50-DMA) then likely.
- US and Canada data docket is empty today, focus remains on sentiment across markets and the oil price movements.
Recommendation: Good to buy dips around 1.3020/25, SL: 1.2985, TP: 1.3090/ 1.31/ 1.3120/ 1.3190


FxWirePro- Major European Indices
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Woodies Pivot(Major)
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD dips on soft China data
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major Crypto levels and bias summary 



