Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
- CAD/JPY was trading higher continuously for past 11 trading days. The pair jumped nearly 300 pips from the low of 82.21.Bank of Canada (BOC) hiked rates higher by 25bpbs for fourth time since last summer amid trade tensions.The central bank has raised growth outlook for 2019 and 2020. But cautioned that more trade protectionism is the most important threat to global prospects. BOC confirmed that further rate hike will be data dependent and it will be in gradual pace. The pair has shown a minor decline after hitting high of 85.17. Loonie has declined sharply and hits low of 1.30650. But heavy dip in crude oil prices has made USD/CAD to recovery more than 140 pips till 1.32184.
- On the higher side, any break above 85 will take the pair to next level till 86.26 (200- day MA)/87.10.
- The near term support is around 84.20 (55- day EMA) and any break below targets 83.60/82.90 (61.8% fib).
It is good to buy on dips around 84.55-60 with SL around 84.20 for the TP of 86.26/87.
