• USD/CAD dipped on Thursday as greenback weakened on ongoing concerns over Fed independence.
• The U.S. dollar came under renewed pressure as President Donald Trump intensified efforts to influence monetary policy, including his attempt to dismiss Fed Governor Lisa Cook.
• Investors will focus on Friday’s Personal Consumption Expenditures data, with any signs of rising inflation potentially dampening expectations for a Fed rate cut in September.
• Traders are pricing in more than an 80% chance of an interest rate cut next month, according to CME Group's FedWatch.
•Statistics Canada will release Q2 GDP data on Friday, along with an advance estimate for July, which investors will closely watch to assess the economy’s health and the likelihood of a rate cut next month.
• Immediate resistance is located at 1.3801(SMA 20), any close above will push the pair towards 1.3803(50%fib).
• Support is seen at 1.3708 (38.2%fib) and break below could take the pair towards 1.3679(Lower BB).
Recommendation: Good to buy around 1.3780, with stop loss of 1.3700 and target price of 1.3900


FxWirePro: GBP/USD cedes early gains ,outlook bearish
NZDJPY Faces Selling Pressure: Will 95.20 Resistance Hold?
FxWirePro: USD/CAD downside pressure builds, key support level in focus
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD stuck in range but maintains bearish bias
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking 



