US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro- Major Crypto levels and bias summary 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
FxWirePro: AUD/USD cedes early gains ,outlook bearish 
USD/CAD was trading lower on Friday despite overall strong US dollar. The Canadian economic data released on that day was supporting CAD. Statistics Canada said that annual inflation has gone up to 2.4% form 2.2% in Sep and it was also beats economist forecast of 2.2%.It is well above Bank of Canada target of 2%.Canada’s retail sales came at 0.2% m/m compared to forecast of 0.1%. But declining crude oil prices putting pressure on Canadian dollar. The pair hits low of 1.31822 and is currently trading around 1.31919.
Brent crude oil has declined sharply more than 8% and hits low of $58.42 on account of increasing supply and demand is expected to decline in the coming months.
On the higher side, near term resistance is around 1.3265 and any break above targets 1.3300/1.3320. The pair should break above 1.3385 for further direction.
The near term support is around 1.3173 (20- day MA) and any violation below targets 1.3127/1.3070 (89- day EMA).
It is good to buy on dips around 1.31700 with SL around 1.3125 for the TP of 1.3300.
