FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely 
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout 
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease 
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch 
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness 
FxWirePro: USD/CNY edges lower, scope for further downside 
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments 
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize 
FxWirePro : EUR/NZD gains upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies pivot (Major) 
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108 
FxWirePro: USD/ZAR extends decline, scope for further downside 
FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report 
- CAD shown minor weakness in the week after hitting low of 1.2355 low made on Jan 5th 2018. USD/CAD jumped almost 223 pips on rumors that Trump will kill NAFTA trade agreement. The pair hits high of 1.25899 and is currently trading around 1.25358.
- The next round of NAFTA negotiations will happen in Jan 23-28 in Montreal and till that market will be choppy. Canada is preparing for new talk’s related to auto in next round of negotiations.
- Crude oil price hits 3 year high at $64.75 on account of series of geo political tensions and OPEC production cut. The commodity declined almost $1.40 from the high due to overbought situations. The increase in shale gas production will prevent the further rise. It is currently trading around $63.35.
- Technically, major short term support is around 1.2500 and any break below will drag the pair till 1.2435/1.23550. Overall bullish invalidation only below 1.2060.
- On the higher side, near term major resistance is around 1.26000 and any break above will take the pair to next level till 1.2638 (daily Kijun-Sen)/1.27070 (61.8% retracement). Short term bearish invalidation only above 1.2925.
It is good to buy on dips around 1.2500 with SL around 1.2435 for the TP of 1.2640/1.27070.
