• USD/CAD retreated from a two week high on Monday as traders shifted focus to a busy slate of key U.S. economic data this week for signals on the monetary policy outlook..
• Markets are largely brushing aside developments in Venezuela after a U.S. raid resulted in the capture of President Nicolas Maduro.
• The closely watched U.S. monthly jobs report due Friday will be crucial in shaping monetary policy expectations, a key driver for the dollar.
•On the data front, U.S. manufacturing contracted more than expected in December, extending its downturn to a tenth consecutive month..
• U.S. manufacturing shrank more than expected in December, marking a tenth straight month of contraction.
• Immediate resistance is located at 1.3799 (50%fib), any close above will push the pair towards 1.3891(61.8%fib).
• Support is seen at 1.3700(38.2%fib) and break below could take the pair towards 13624(Lower BB).
Recommendation: Good to buy around 1.3750, with stop loss of 1.3650 and target price of 1.3820


FxWirePro: USD/CAD extends gains, eyes 1.3950 level
FxWirePro: NZD/USD edges up, remains on front foot
FxWirePro: USD/JPY wobbles amid greenland developments
FxWirePro: USD/CNY downtrend extends ,eyes support 23.6%fib
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: NZD/USD loses momentum but outlook is bullish
FxWirePro: USD/CAD sustains gains as uptrend remains strong
FxWirePro: USD/ CNY hits a fresh 32-month low,scope for further downside
FxWirePro: GBP/NZD weighed down as investors seek out riskier assets
FxWirePro: GBP/AUD drops below 2.0000 level, heads deeper into bear territory
FxWirePro: AUD/USD positions for another climb, eyes 0.6750 level
FxWirePro: EUR/ NZD set to remain soft heading into weekend
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
FxWirePro: GBP/USD gains some upside momentum but still bearish
213.22 Under Pressure! GBP/JPY Neutral-to-Bearish as Support 212.80 Looms
FxWirePro: NZD/USD steadies around 0.5770,retains bid tone 



