• USD/CAD rose on Thursday as dollar rebounded after data showed U.S. producer prices increased more than expected in July .
• A Labor Department report showed the US Producer Price Index rose 3.3% year-on-year in July, above the 2.5% forecast, and climbed 0.9% month-on-month, beating expectations of a 0.2% increase.
In the 12 months through July, the PPI increased 3.3% after advancing 2.4% in June.
• Separate data showed the number of Americans filing new applications for jobless benefits fell last week amid low layoffs.
• At GMT 05:07, the US dollar was down 0.16% to 0.6501 against the Canadian dollar.
• Immediate resistance is located at 1.3819(Daily high), any close above will push the pair towards 1.3867(50%fib).
• Support is seen at 1.3739(38.2%fib) and break below could take the pair towards 1.3655(July 11th low).
Recommendation: Good to buy around 1.3790, with stop loss of 1.3650 and target price of 1.3860


FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
FxWirePro- Major Pair levels and bias summary
Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance?
FxWirePro: USD/JPY edges up, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
BTCUSD Coils in Tight Range: Will Geopolitical Stability Trigger a Breakout Toward $80,000?
FxWirePro: USD/CAD remains buoyant, looks to extend gains 



