• USD/CAD dropped sharply on Monday after news that President Donald Trump's new administration would not immediately impose trade tariffs, sparking a rally in Canadian dollar.
• Canada has been central to Trump's tariff threats, with him pledging a 25% tariff on imports from the country, a key trading partner that exports the majority of its goods to the U.S.
• Trading volume was lighter than usual due to U.S. markets being closed for the Martin Luther King Jr. Day holiday.
• At GMT 21:07, the pair was down1.17 % at 1.4312, marking its highest lowest level since April 10.
• Immediate resistance is located at 1.4334(38.2%fib), any close above will push the pair towards 1.4505(23.6%fib).
• Support is seen at 1.4265(Daily low) and break below could take the pair towards 1.4486(38.2%fib).
Recommendation: Good to buy around 1.4270, with stop loss of 1.4180 and target price of 1.4410


GBP/JPY Slips Below 210 as Yen Surge Turns Rallies into Selling Opportunities
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD firms, setting up for next leg higher
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
Crypto Correction Deepens: BTC Trades Weak at $66.6K, Major Support at $60K
USDCHF Fades Post-Jobs Rally: Bears Eye 0.7500 – Sell the Bounce at 0.7730
FxWirePro: USD/CAD drifts lower, could be on verge of bigger drop
FxWirePro: EUR/ NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD climbs to fresh three-year high amid hawkish RBA expectation
FxWirePro: USD/JPY slides below 154 level, scope for further downside
FxWirePro: GBP/USD retreats slightly but trend is still bullish
FxWirePro: USD/ZAR downtrend slows, but bearish sentiment remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD drops below 2.2600 level, heads deeper into bear territory
FxWirePro- Major European Indices 



