FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD eases slightly but trend is still bullish 
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely 
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2 
FxWirePro: USD/ZAR extends decline, scope for further downside 
FxWirePro : EUR/NZD gains upside momentum but still bearish 
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
- USD/CAD declined almost 100 pips after hitting high of 1.26880. The pair hits intraday low of 1.25540. The decline in prices was due to Canadian jobs data came at Feb 9th 2018. It is currently trading around 1.25669.
- Canadian economy has lost 88000 jobs in Jan 2018 compared to forecast of 10000 jobs addition. The main reason for dip in employment was due to dip in part-time data. But economy has added 49000 full time jobs which is slightly positive and prevented further jump of USD/CAD.
- Oil prices has shown a minor recovery from the low of $58.05. Crude oil prices was down due to huge sell –off in global equity market. US Dow jones has declined nearly 10% in previous week and 13.5% from the all-time high. The increase in US crude production also supporting price decline. It surpasses 10 million barrels hits high of 10.25 million barrels per day. It is currently trading around $60.17.
- On the higher side, major resistance is around 1.2600 and any break above will take the pair till 1.2660/1.2700.
- The near term support is around 1.2540 (55- day EMA) and any break below will take the pair till 1.2500/1.2435.
It is good to sell on rallies around 1.2585-90 with SL around 1.2645 for the TP of 1.2500/1.2435.
