USD/CAD hits fresh 18- month high after breaking 1.35066 high made yesterday.Cnadain dollar lags G-10 currencies due to oil price slump. Fed hiked interest rates by 25 basis point and dot plot projection for 2019 fell from three hikes to two. Markets eye US final GDP and Canadian GDP and retail sales for further direction.It hits high of 1.35409 and currently trading around 1.35395.
WTI crude oil price is trading weak after a minor jump. US oil has lost more than 10% on increasing US oil production. US EIA report shows that US commercial crude decreased by 500,000 barrels last week compared to forecast of -2.7 M barrels.It is currently trading around $45.42.
On the lower side, near term major support is around 1.3449 (5- day MA) and any break below will drag the pair till 1.3400/1.3327/1.32500.
The pair is facing major resistance around 1.3550 and any break above targets 1.3600/1.3645 is possible.
It is good to buy on dips around 1.3500 with SL around 1.3440 for the TP of 1.3600/1.3645.


NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro- Major Pair levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 



