CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
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NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
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FxWirePro: USD/JPY dips below lower range, bearish bias increases 
FxWirePro- Major US Indices 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th 
• USD/CAD firmed on Friday as Canadian dollar weakened ahead of potential interest-rate cut by the Bank of Canada next week.
• Market expect the Bank of Canada to cut its rate by 25 basis points on September 17, citing a weakening labour market and slowing economic activity, with at least one more reduction anticipated next quarter.
•Official data last week showed Canada’s economy lost 65,500 jobs in August, driving the unemployment rate to a nine-year high outside pandemic periods.
• Canada’s central bank is under increasing pressure to resume easing after keeping rates unchanged since March, following a cumulative 225-basis-point cut—one of the most aggressive among G10 peers.
• At GMT 16:28, the dollar was up 0.19% to 1.3858 against the Canadian dollar.
• Immediate resistance is located at 1.3904(50%fib), any close above will push the pair towards 1.3933(Higher BB).
• Support is seen at 1.3824(SMA 20) and break below could take the pair towards 1.3806(38.2%fib).
Recommendation: Good to buy around 1.3830, with stop loss of 1.3750 and target price of 1.3900
