• USD/CAD gained upward traction on Thursday as the latest U.S. economic data reinforced expectations of a 25 basis point rate cut next week.
• U.S. initial jobless claims rose 2,000 to a seasonally adjusted 230,000 for the week ended Sept. 7, data showed, in line with expectations.
• U.S. producer prices increased slightly more than expected in August to 0.2% as services costs rose, but the trend remained consistent with ebbing inflation.
• Technical highlight upside risks for USD/CAD, with momentum studies, 5, 10 and 11 DMAs tracking north.
• Immediate resistance is located at 1.3615(50%fib), any close above will push the pair towards 1.3661(61.8%fib).
• Support is seen at 1.3572 (38.2%fib) and break below could take the pair towards 1.3500(Psychological level).
Recommendation: Good to buy around 1.3590, with stop loss of 1.3530 and target price of 1.3660


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: EUR/AUD downward momentum remains in place
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 



