- Canadian dollar shown a huge jump against U.S dollar after breaking 1.338 level. Loonie declined sharply till 1.32614 after BOC signals rate hike. It is currently trading around 1.32585.
- Canadian dollar trades higher against all major pairs after hawkish tone from Deputy Governor C.Willkins. BOC is encouraged by a broadening of economic strength and more than 70% of Canadian industries are expanding. The hawkish tone of BOC confirms rate hike earlier than expected in Q3 2017 (instead of Q1 2018).
- USD/CAD broken the major support 1.3380 confirms minor weakness but major bearishness can be seen only below 1.3220 level. Any break below will drag the pair down till 1.2968 (Jan 31st 2017 low).
- On the higher side, near major resistance is around 1.3380 (support turned into resistance) and any break above confirms minor bullishness and a jump till 1.3480/1.3570 is likely.
It is good to sell on rallies around 1.3300 with SL around 1.3380 for the TP of 1.3220/1.3000/1.2968.


NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro- Woodies Pivot(Major)
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 



