As per our analysis, USDCAD is trading weak for 2nd consecutive days and lost more than 450 pips from minor top 1.46675. The decline was mainly due to broad-based US dollar selling DXY has broken yesterday's low of 100.84 and a dip till 100 likely. Loonie declined till 1.41719 at the time of writing and is currently trading around 1.41776.
WTI crude oil is consolidating after minor pullback till $25.20.Any violation above $25.85 confirms minor bullishness, a jump till $30 likely.
Technically, near term resistance is around 1.4350 and any violation above targets 1.4385/1.4425/1.4530. Major trend continuation only if it breaks 1.4660.
On the flip side, immediate support is at 1.4150 and the indicative break below will drag the pair down till 1.4000/1.3700.
It is good to sell on rallies around 1.4285-88 with SL around 1.4380 for the TP of 1.3725.


NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD rises as soft US data pressures dollar
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro : GBP/NZD strongly bearish despite upside attempts
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 



