Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro- Major Crypto levels and bias summary 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
Intraday bias - Bearish
USDCAD is trading weak for the fourth consecutive day on board-based US dollar selling. The Canadian dollar performed well against all majors after a surprise 100 bpbs hawkish rate hike by the Bank of Canada. Technically in the 4 -Hour chart, the pair is holding below the short-term ( 21- EMA), 55- EMA, and above the long-term moving average of 200 EMA (1.29178). Any close below 1.2850 confirms the intraday bearish trend. A dip to 1.2800/1.2740 is possible. USDCAD hits a low of 1.28554 and is currently trading around 1.28650.
WTI crude oil price shown a gap down opening on recession worries. Any break below $98.20 confirms further bearishness.
The near-term resistance is around 1.2900, any breach above targets 1.2928/1.2965/1.3000.
Indicators (4 Hour chart)
CCI (50)- Bearish
ADX- Bearish
It is good to sell on rallies around 1.2900 with SL around 1.2950 for TP of 1.2800.
