USD/CAD is trading steady on account of broad based USD buying and weak oil prices. The pair hits high of 1.31265 yesterday and started to decline slightly. Short term trend is bullish as long as support 1.30750 holds.
Canadian whole sale trade came at 0.1% in August compared to forecast of 0.2%. Canada CPI and retail sales data released on Friday came slightly weaker than expected. Markets eye BOC rate decision to be happened tomorrow for further direction.
Crude oil prices has dropped more than 2% on news of Saudi will increase output by 11 million b/d.Markets eye US crude oil inventory for further direction. WTI crude has declined till $67.96 and is currently trading around $68.
On the higher side, major resistance is around 1.3130 and any break above targets 1.3175/1.32450.
The near term major support is around 1.3075 and any violation below targets 1.3000/1.2935.
It is good to buy on dips around 1.3085-90 with SL around1.3045 for the TP of 1.3245.


FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro- Major Crypto levels and bias summary
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: AUD/USD cedes early gains ,outlook bearish
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro- Woodies pivot (Major)
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro- Major Pair levels and bias summary 



