FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
Ichimoku analysis (4-Hour Chart)
Tenken-Sen- 1.26825
Kijun-Sen- 1.26767
USDCAD continues to trade within a channel for the past one-month. The pair recovered more than 150 pips from a multi-month low on short covering. The Canadian retail sales rose to 1.3% in Nov compared to a forecast of 0.0%. USDCAD hits an intraday low of 1.26872 and currently trading around 1.26966.
WTI crude oil declined to $51.52 after US EIA crude oil inventory data. It came at 4.4 million compared to a forecast of -1.2M. Any violation below $51.50 confirms bearish continuation, a dip till $50 likely.
Technically, the pair faces near term resistance at 1.2730. Any indicative break above will take till 1.2765/1.2790. The near term support is around 1.2680 an indicative violation below will take to the next level till 1.2650/1.2630.
It is a good buy on dips around 1.2680-825 with SL around 1.2650 for a TP of 1.2790.
