• USD/CAD strengthened on Thursday as dollar regained footing after US economic data.
• Data showed U.S. producer prices rose more than expected in November, driven by a surge in food costs.
• In a separate report, data showed that new unemployment benefit claims in the U.S. unexpectedly increased to 242,000 for the week ending Dec. 7, surpassing the forecasted 220,000.
• Traders are betting on a 98% chance of an interest rate cut next week, according to CME's FedWatch tool.
• At GMT 16:39, the pair was up 0.43% at 1.4182, marking its highest level since 10th December.
• Immediate resistance is located at 1.4180 (23.6%fib), any close above will push the pair towards 1.4237(Higher BB).
• Support is seen at 1.4130(Daily low) and break below could take the pair towards 1.4097(38.2%fib).
Recommendation: Good to buy around 1.4160, with stop loss of 1.4050 and target price of 1.4260


AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates
FxWirePro- Woodies pivot (Major)
Major Pairs Action Bias: NZDUSD Turns Extremely Bullish as EURUSD Stays Bearish – AUDUSD Emerges as Key Bullish Pair to Watch
NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro- Major Pair levels and bias summary
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level
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 



