• USD/CAD rose sharply on Monday as Canadian dollar was weighed down by a strong U.S. dollar.
• On the economic data front, Canadian manufacturing activity increased at the fastest pace in 21 months in November.
•Later in the week, spotlight will be on key November employment numbers that could dictate how far and how fast the Bank of Canada will lower interest rates..
• At GMT 17:03,the dollar was up 0.48% at 1.4072 against Canadian dollar .
•Technical signals are bullish as RSI up at 61, daily momentum studies 5, 9 and 1 DMAs are trending up.
• Immediate resistance is located at 1.4126(23.6%fib), any close above will push the pair towards 1.4178(Nov 26th high).
• Support is seen at 1.4054(38.2%fib) and break below could take the pair towards 1.3992( (50%fib).
Recommendation: Good to buy around 1.4040, with stop loss of 1.3920 and target price of 1.4130


NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
FxWirePro: NZD/USD rallies as NZ inflation hits 2-1/2-year high
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro- Woodies pivot (Major)
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro: AUD/USD better risk puts bulls back in charge
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 



