GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
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 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
Ichimoku analysis (4-Hour Chart)
Tenken-Sen- 1.27126
Kijun-Sen- 1.27134
USDCAD continues to trade lower after a minor jump till 1.27650. The broad-based weakness in the US dollar and surge in oil price is supporting the Canadian dollar at a lower price. The upbeat market sentiment and due to coronavirus vaccine progress and hopes for more U.S stimulus is supporting the Canadian dollar. The US dollar index lost more than 50 pips from a minor top at 90.74. USDCAD hits an intraday low of 1.26601 and currently trading around 1.26628.
WTI crude oil hits fresh year high on stimulus hopes might increase demand higher and tighter supplies. The overall trend is bullish as long as support $57.40 holds.
Technically, the pair faces near term resistance at 1.2765. Any indicative break above will take till 1.2800/1.2835. The near term support is around 1.2660; an indicative violation below will take to the 1.2620/1.26000.
It is good to sell on rallies around 1.2700025 with SL around 1.2750 for a TP of 1.2600
