- Loonie has formed a temporary bottom around 1.2666 and showing a minor jump from that level. The pair jumped till 1.27730. It is currently trading around 1.27528.
- USD/CAD broken trend line resistance at 1.2740 (trend line joining 1.29147 and 1.28196) and this confirms minor bullishness, a jump till 1.28195/1.2900 likely.
- Crude oil prices declined sharply after hitting high of $57.89 on account higher than inventory buildup. API reported shocking build of 6.513 million barrels compared to forecast of decline of 1.4 million barrels. The near term support is around $55 and any break below will drag the commodity down till $54/$53.
- On the lower side, minor support is around 1.2690 and any break below will drag the pair down till 1.2600/1.2540/1.2500.
It is good to buy on dips around 1.2735-1.2740 with SL around 1.2690 for the TP of 1.28195


Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro- Woodies pivot (Major)
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/ZAR gains some ground, but downtrend remains
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro- Major Pair levels and bias summary
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: GBP/AUD eases slightly, focus on near-term support 



