Ichimoku analysis (4-Hour chart)
Tenken-Sen- 1.23896
Kijun-Sen- 1.23479
Previous week low – 1.2250
June month high- 1.2480
USDCAD's performing well after Fed shifted its rate hike from 2024 to 2023. The pair has gained 2.7% in the month of June. Any surge above 1.2480 confirms s bullish continuation. A Jump till 1.2630 (200- day EMA and 23.6% fib). The surge in delta variant corona is also supporting the US dollar. The pair is declining despite WTI crude oil trade s near a new 52- week high. USDCAD hits an intraday high of 1.24125 and is currently trading around 1.24129.
Trend –Bullish
The near-term resistance is around 1.24210, a breach above targets 1.24800. On the lower side, immediate support stands around 1.2360, violation below will take the pair down to the next level 1.2300/1.2250.
It is good to buy on dips around 1.2400 with SL around 1.2360 for TP of 1.2500.


NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro- Major Crypto levels and bias summary
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Woodies Pivot(Major)
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 



