USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
Intraday bias - Bullish
USDCAD showed a minor sell-off after the BOC monetary policy. It hit a low of 1.3622 and is currently trading around 1.36448.
Bank of Canada kept its rates unchanged as expected at 5%. The central bank reiterated that it will hike rates if inflation persists. The pair retested and showed a minor pullback after upbeat US ISM services PMI.
US ISM services PMI rose to 54.50 in August, compared to a forecast of 52.50. The US dollar index gained momentum after US ISM services hit the strongest level since Feb.
According to the CME Fed watch tool, the probability of a no-rate hike in Sep decreased to 80.50% from 89% a week ago.
The US 10-year yield showed a minor sell-off on less hawkish comments from Fed chairman Powell. The US 10 and 2-year spread widened to -84% from -66%.
Technically in the 4-Hour chart, the pair is holding above the short-term( 21- EMA), 55 EMA, and above the long-term moving average of 1.34770 (200- EMA). Any violation above 1.3670 confirms further bullishness. A jump to 1.3700/1.3780 is possible. The near-term support is around 1.35800, and any breach below targets 1.3535/1.3480.
WTI crude oil rose more than $2 due to extended supply cuts from Russia and Saudi. Any break above $88 will push oil prices up to $90.
Indicators (4-Hour chart)
CCI (50)- Bullish
ADX- Neutral
It is good to buy on dips around 1.3580 with SL around 1.3535 for a TP of 1.3700.
