• USD/CAD initially dipped but recovered ground on Monday as dollar regained its earlier lost ground ahead this week's U.S. inflation data.
• U.S. inflation data this week could cement a December interest rate cut by the Federal Reserve at its meeting next week.
• Markets now price an 85% chance of a quarter-point cut at the Fed's Dec. 17-18 meeting, up from 68% before the jobs report, with an additional three cuts expected next year.
• At GMT 21:03 the pair was up 0.09% at 1.4170, marking its highest level since 26th November.
• Immediate resistance is located at 1.4180 (23.6%fib), any close above will push the pair towards 1.4201(Higher BB).
• Support is seen at 1.4099(Daily low) and break below could take the pair towards 1.4045(38.2%fib).
Recommendation: Good to buy around 1.4160, with stop loss of 1.4050 and target price of 1.4260


FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major Crypto levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD recovers slightly but trend is still bearish
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 



