FxWirePro- USDCAD trades above 1.2600 levels, good buy on dips
Ichimoku analysis (Hourly chart)
Tenken-Sen- 1.26179
Kijun-Sen- 1.26235
The pair continues to trade higher for the past three days and surged more than 100 pips. The reasons for the jump are
Strong US dollar
Weak Crude oil price
USDCAD declined below 1.2600 levels after upbeat Canadian CPI data. The inflation m/m for July came at 0.6% compared to a forecast of 0.3%. The overall trend remains bullish as long as support 1.25000 holds.
Trend –Bullish
The near-term resistance is around 1.2660, a breach above targets 1.2700/1.2780. On the lower side, immediate support stands around 1.2598; violation below will take the pair down to the next level 1.25545/1.2500.
It is good to buy on dips around 1.26200 with SL around 1.2580 for TP of 1.2780.


FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro- Woodies pivot (Major)
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary 



