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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
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 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro- Major Pair levels and bias summary 
- USD/CAD continuing its weakness for third consecutive week on account of rising oil price and optimism on NAFTA outlook. The pair hits low of 1.25274 and shown a minor recovery. Market eyes BOC rate announcement today for further direction.
- BOC is expected to keep its interest rates unchanged at 1.25%. A quarter point hike is expected in the near term mostly in May or June. But Canadian economy has grown well short of BOC expectations of 2.5% and trade war between US and China would hurt international trade.
- WTI Crude oil prices jumped more than 9% in this week and hits high of $67.73 on account of tension in Middle East and shrinking global oil inventories. It is currently trading around $67.40.
- Technically near term resistance is around 1.2625 and any break above targets 1.26505 (38.2% fibo)/1.2700/1.27200. Overall bullish continuation only above 1.3125.
- On the lower side, near term support is around 1.2520 and any break below will drag the pair down till 1.2500/1.24500.
It is good to buy on dips around 1.2550 with SL around 1.2515 for the TP of 1.2625/1.2660.
