GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
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Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 
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FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro- Woodies pivot (Major) 
• USD/ CAD dipped on Friday as upbeat Canadian retail sales data supported Canadian dollar .
• Canadian retail sales grew by 0.9% in July from June, led by higher sales at motor vehicle and parts dealers, while sales likely climbed further in August, data from Statistics Canada showed on Friday..
• The increase in retail sales, to C$66.4 billion ($49.0 billion), eclipsed estimates for a gain of 0.6% and could ease fears about the strength of the Canadian economy.
• Technical signals are bearish as RSI is at 44, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.3589 (50%fib), any close above will push the pair towards 1.3649 (61.8%fib).
• Support is seen at 1.3536(38.2%fib) and break below could take the pair towards 1.3500(Psychological level).
Recommendation: Good to sell around 1.3580, with stop loss of 1.3640 and target price of 1.3480
