• USD/CAD edged higher on Wednesday as upbeat US economic data and optimism that trade deals will brighten the U.S. economic outlook lifted greenback.
• US consumer confidence rose to 98 in May, a Conference Board report showed. Economists polled had expected the index to stand at 87.
• Stronger consumer confidence on Tuesday reinforced expectations that the U.S. economy remains robust, leading the Fed to focus on inflation in upcoming policy decisions until signs of weakening appear.
• The Federal Reserve will release minutes from its May 6-7 meeting later on Wednesday, but no major surprises are expected.
•At GMT 16:44, the greenback was trading up 0.09 percent at 1.3821 against Canadian dollar
• Immediate resistance is located at 1.3860(38.2%fib), any close above will push the pair towards 1.3944(May 8th high).
• Support is seen at 1.3686(23.6%fib) and break below could take the pair towards 1.3638 (Lower BB).
Recommendation: Good to sell around 1.3830 with stop loss of 1.3900 and target price of 1.3720


AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD edges lower but bullish outlook persists
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 



