FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro- Woodies pivot (Major) 
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro- Woodies pivot (Major) 
Ichimoku analysis (Daily Chart)
Tenken-Sen- 1.27300
Kijun-Sen- 1.27909
USDCAD has formed almost a double bottom around 1.2630 and shown a massive recovery despite weak US retail sales. It came at -1.4%in Dec compared to the forecast of -0.1%. US Empire state manufacturing index declined to 3.5 in Jan vs 6 expected. The rising yield and surge in coronavirus cases. Is supporting the US dollar at lower levels. USDCAD hits an intraday high of 1.27326 and currently trading around 1.27266.
WTI crude oil lost more than $1 after hitting a fresh 10-month high of $53.89 on surging coronavirus cases. Any violation above $54 confirms bullish continuation, a jump till $55/$57 likely.
Technically, the pair faces near term resistance at 1.2780. Any indicative break above will take till 1.2835/1.2865/1.2900. The near term support is around 1.2700; an indicative violation below will take to the next level till 1.2660/1.2630.
It is a good buy on dips around 1.2700 with SL around 1.2660 for TP of 1.2835.
