CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro- Woodies Pivot(Major) 
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USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro- Major Crypto levels and bias summary 
- Gold has declined almost 2% from the high of $1258 in previous week on account of US. dollar weakness and higher yield. It is currently trading around $1237.45.
- US dollar hits ten month low against Euro on hawkish ECB and central bank is expected to scale back stimulus by Sep or Oct. U.S dollar index hits the low of 95.47 and recovered slightly from that level. It is currently trading around 95.71.
- Gold’s near term support is around $1235 (200-MA) and break below will drag the commodity down till $1229 (38.2% retracement of $1126 and $1296)/1214. The yellow metal faces strong support at 200- MA and any further weakness can be seen only if closes below this level in the daily chart.
- On the higher side, in the daily chart minor resistance is around $1249 (100 day MA) and any break above will take the commodity till $1253 (55- day EMA)/$1263 (38.2% retracement of $1296 and $1243)/$1280.
It is good to sell on rallies around $1238-$1240 with SL around $1249 for the TP of $1229/$1215.
