• USD/CAD declined on Friday as higher commodities price supported Canadian dollar despite mixed domestic employment data.
• Gold rebounded on Friday, it was poised for a weekly gain, aided by bargain-hunting and a slightly weaker U.S. dollar.
• Meanwhile, Spot silver jumped 6.3 percent to $75.70 an ounce, bouncing back from an earlier dip below $65.
• Canada unexpectedly lost 24,800 jobs in January, but the losses were all part-time, and the unemployment rate dipped to a 16-month low of 6.5% as fewer people looked for work.
• Oil prices were mixed on Friday as markets reacted to U.S.–Iran talks in Oman, with traders watching for any signs that tensions could escalate into a supply‑disrupting Middle East conflict.
• Immediate resistance is located at 1.3740(SMA 9), any close above will push the pair towards 1.3786(38.2%fib).
• Support is seen at 1.3651(38.2%fib) and break below could take the pair towards 1.3493( 23.6%fib).
Recommendation: Good to sell around 1.3700, with stop loss of 1.3850 and target price of 1.3650
