AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: USD/JPY catches bid ahead of BoJ meeting 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
Intraday bias - Bullish
USDCAD showed a minor sell–off despite weak Canadian GDP data. The economy got stagnated in the fourth quarter and came at 0%, well below the forecast of 1.5%. The monthly real GDP came at -0.1% compared to a forecast of 0%. This has decreased the chance of further rate hikes by the Bank of Canada. It hits a low of 1.35900 and is currently trading around 1.36050.
The conference board consumer confidence declined for a second consecutive month in Feb to 102.90 vs. the forecast of 108.50 US Richmond manufacturing index decreased to -16 in Feb, below the forecast of -5.
Major economic data today
US ISM manufacturing PMI
According to the CME Fed watch tool, the probability of a 50 bpbs rate hike in Mar declined to 23.30% from 24% a week ago.
Technically in the 4-Hour chart, the pair is holding above the short-term( 21- EMA), 55 EMA, and the long-term moving average of 1.34573 (200- EMA). Any violation below 1.3570 confirms intraday bearishness. A dip to 1.3530/1.3470/1.3435 is possible.
WTI crude oil regained above the $76 level in hopes of strong China growth. Any daily close above $78.20 confirms minor bullishness.
The near-term resistance is around 1.36650 and any breach above targets is 1.37250/1.3800.
Indicators (4-Hour chart)
CCI (50)- Bullish
ADX- Neutral
It is good to buy on dips around 1.3570 with SL around 1.3500 for a TP of 1.37250.
