FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
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 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
- CAD has been trading higher against all majors yesterday after BOC hikes interest rates. USD/CAD hits low of 1.23650 and shown a minor recovery. The pair’s recovery was mainly due to uncertainty about the future of NAFTA. The pair jumped till 1.24685 and is currently trading around 1.24560.
- BOC hikes interest rates by 25bpbs to 1.25% and mentioned that rate hike was mainly due to upbeat jobs increase and low unemployment rate since 1976. But next hike of rate depends on NAFTA talks . Any failure in NAFTA agreement will affect the pace and timing of the central bank’s next move.
- Crude oil price shown a minor recovery after threat of Nigeria attack and declining inventories.The commodity jumped by 70 cents from the low of $63.29.
- Technically, major short term support is around 1.2435 and any break below will drag the pair till 1.23550. Short term bullish invalidation below 1.23550.
- 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. The minor resistance is around 1.2495 (10- day MA).
It is good to sell on rallies around 1.2525-30 with SL around 1.2600 for the TP of 1.2350/1.2300.
