Ichimoku analysis (Hourly Chart)
Tenken-Sen- 1.33895
Kijun-Sen- 1.33785
USDCAD has once again recovered after hitting a low of 1.33255. The weak oil and broad-based US dollar buying are putting pressure on the Canadian dollar. The Canadian economy is wholly dependent on exports and an increase in the number of coronavirus cases is expected to put pressure on the economy. It hits an intraday low of 1.33460 and currently trading around 1.33061.
WTI crude oil has shown a minor decline from the top of $41.46. Any break below $39.74 confirms minor weakness, a dip till $38.95 likely.
Technically, the pair faces near term resistance at 1.3420. Any violation above targets 1.3475/1.3500. The near term support is around 1.3320, indicative break below will take to the next level till 1.3280/1.3235.
It is good to buy on dips around 1.3350 with SL around 1.3300 for the TP of 1.3475/1.34500.


AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro : GBP/NZD strongly bearish despite upside attempts
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 



