USD/CAD has lost more than 100 pips from the high of 1.31592 on account of minor recovery in crude oil prices. The pair showed a major decline till 1.30670.It is currently trading around 1.31003.
Brent Crude oil has taken support near trend line and shown a minor recovery till $78.Now focus is on Nov 4th US sanctions on Iran gets starting. It is currently trading around $77.28.
On the lower side any break below 1.3065 will drag the pair down to next level till 1.3000/1.2960.
The near term resistance is around 1.3160 (61.8% fib) and any break above targets 1.320/1.3245.
It is good to buy on dips around 1.3125 with SL around 1.3060 for the TP of 1.3245.


FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro- Major Crypto levels and bias summary
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: GBP/AUD bears maintain upper hand
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



