• USD/CAD edged higher on Tuesday as Canada’s inflation data suggested the BoC might align with a potential significant interest rate cut by the Federal Reserve.
• Canada's annual inflation rate slowed to 2% in August from 2.5% in July, matching the BoC's inflation target and marking the coolest pace since February 2021.
• Investors see roughly 100 basis points of easing in total in the final three BoC meetings of 2024.
•The focus remains on Wednesday's U.S. Federal Reserve policy decision which could see it deliver a big interest rate cut.
• Immediate resistance is located at 1.3634(50%fib), any close above will push the pair towards 1.3683(61.8%fib).
• Support is seen at 1.3575(38.2%fib) and break below could take the pair towards 1.3506( (23.6%fib).
Recommendation: Good to buy around 1.3580, with stop loss of 1.3520 and target price of 1.3680


FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro: AUD/USD firms after RBA governor Bullock comments
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens 



