USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
Ichimoku analysis (4-Hour Chart)
Tenken-Sen- 1.27560
Kijun-Sen- 1.27121
USDCAD has once again declined after jumping slightly above 200-4H MA. Markets eye Janet Yellen hearings today and BOC monetary policy meeting tomorrow for further direction. The trade tension between the US and Canada came after US President Joe Biden plans to cancel a permit for the Keystone XL pipeline. USDCAD hits an intraday low of 1.27191 and currently trading around 1.27274.
WTI crude oil has taken support near 55-4H EMA and shown a minor jump. Any violation above confirms bullish continuation, a jump till $56 likely.
Technically, the pair faces near term resistance at 1.2800. Any indicative break above will take till 1.2835/1.2865/1.2900. The near term support is around 1.2750; an indicative violation below will take to the next level till 1.2700/1.2660/1.2630.
It is a good buy above 1.2800 with SL around 1.2750 for a TP of 1.2900.
