FxWirePro: EUR/CAD attracts selling interest after BoC rate decision, vulnerable to more downside 
FxWirePro: GBP/AUD retreats slightly but trend is still bullish 
FxWirePro- CADJPY Trade Idea 
FxWirePro: GBP/USD momentum remains negative, reinforcing the overall bearish market 
FxWirePro:AUD/USD gains some upside momentum after but still bearish 
FxWirePro: USD/ZAR maintains bullish bias with focus on 18.000 level 
FxWirePro- EURUSD Trade Idea 
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FxWirePro- Buy GBPJPY on dips 
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FxWirePro- USDCHF Trade Idea 
FxWirePro- USDCHF Trade Idea 
FxWirePro: EUR/CAD downside pressure builds, key support level in focus 
FxWirePro- Major US Indices 
• USD/CAD dipped on Wednesday as the Canadian dollar strengthened following the Bank of Canada’s 50 basis point cut to its benchmark rate.
• The Bank of Canada lowered its key policy rate by 50 basis points to 3.25% on Wednesday to tackle slowing growth.
• The 50-basis-point cut is the first consecutive large reduction by the central bank since the pandemic.
• At GMT 18:52, The dollar was trading down 0.17% against Canadian dollar at 1.4165 .
• Immediate resistance is located at 1.4101(23.6%fib), any close above will push the pair towards 1.4157(Higher BB).
• Support is seen at 1.3984 (38.2%fib) and break below could take the pair towards 1.3890(50%fib).
Recommendation: Good to buy around 1.4120 with stop loss of 1.4050 and target price of 1.4220
