NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
- USD/CAD has declined sharply more than 100 pips on account of good jump in oil prices and business survey from Bank of Canada supports expectations of interest rate hike. The pair hits low of 1.26740 at the time of writing. ”Business sentiment continues to be positive, supported by healthy sales prospects”. The report confirms one more rate hike in the coming months. It is currently trading around 1.26792.
- Market eyes US PPI data which is to be released today for further direction. Oil price jumped almost more than $2.5 from previous week low of $61.79 as US- China trade tensions ease.
- Technically near term resistance is around 1.27200 and any break above targets 1.2748 (50- day MA)/12820/1.28475. Overall bullish continuation only above 1.3125.
- On the lower side, near term support is around 1.2660 and any break below will drag the pair down till 1.2630/1.2600/1.2545.
It is good to sell on rallies around 1.2725-30 with SL around 1.2780 for the TP of 1.2600.
