Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend? 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
Ichimoku analysis (4-Hour Chart)
Tenken-Sen- 1.26825
Kijun-Sen- 1.26767
USDCAD continues to trade within a channel for the past one-month. The pair recovered more than 150 pips from a multi-month low on short covering. The Canadian retail sales rose to 1.3% in Nov compared to a forecast of 0.0%. USDCAD hits an intraday low of 1.26872 and currently trading around 1.26966.
WTI crude oil declined to $51.52 after US EIA crude oil inventory data. It came at 4.4 million compared to a forecast of -1.2M. Any violation below $51.50 confirms bearish continuation, a dip till $50 likely.
Technically, the pair faces near term resistance at 1.2730. Any indicative break above will take till 1.2765/1.2790. The near term support is around 1.2680 an indicative violation below will take to the next level till 1.2650/1.2630.
It is a good buy on dips around 1.2680-825 with SL around 1.2650 for a TP of 1.2790.
