Ichimoku analysis (4-Hour Chart)
Tenken-Sen- 1.28129
Kijun-Sen- 1.27944
USDCAD is trading slightly despite broad-based US dollar buying. The surge in crude oil price is supporting the pair at lower levels. DXY's strength is preventing the pair from further weakness. The index is holding well above 91 levels, a jump to 91.50 likely. USDCAD hits an intraday high of 1.27904 and currently trading around 1.28240.
WTI crude oil hits fresh year high and broken significant resistance$54 due to declining crude inventories and hopes of demand to reach pre COVID level. The overall trend is bullish as long as support $51.50 holds.
Technically, the pair faces near term resistance at 1.28820 (Jan 28th high). Any indicative break above will take till 1.2965/1.3000. The near term support is around 1.2780; an indicative violation below will take to the 1.2720/1.2680/1.2600.
It is good to buy on dips around 1.2780 with SL around 1.2750 for a TP of 1.2900.


NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest. 



