FxWirePro: USDCAD trades weak on surging Canadian yield, good to sell on rallies
USDCAD continues to trade weak for the past three consecutive weeks. The strength in the Canadian dollar was mainly due to a jump in Canada's 2-year yield and bullish crude oil price. The gap between Canadian 2-year and US 2-year yields rose nearly 41 basis points. The overall trend is still bearish as long as resistance 1.260 holds.
WTI crude continues to trade higher and holds above $80 on global oil demand. A jump to $85 is possible.
On the flip side, immediate support stands at 1.2430 and any indicative break below that level will drag the pair down till 1.2370/1.2325.
The pair's near-term resistance is around 1.2510, any breach above targets 1.2560/1.2600.
It is good to sell on rallies around 1.2508-10 with SL around 1.2560 for the TP of 1.2380.


FxWirePro: NZD/USD edges lower, remains on back foot
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro- Major Crypto levels and bias summary
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro- Woodies pivot (Major)
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 



