• USD/CAD rose on Thursday as dollar rebounded after data showed U.S. producer prices increased more than expected in July .
• A Labor Department report showed the US Producer Price Index rose 3.3% year-on-year in July, above the 2.5% forecast, and climbed 0.9% month-on-month, beating expectations of a 0.2% increase.
In the 12 months through July, the PPI increased 3.3% after advancing 2.4% in June.
• Separate data showed the number of Americans filing new applications for jobless benefits fell last week amid low layoffs.
• At GMT 05:07, the US dollar was down 0.16% to 0.6501 against the Canadian dollar.
• Immediate resistance is located at 1.3819(Daily high), any close above will push the pair towards 1.3867(50%fib).
• Support is seen at 1.3739(38.2%fib) and break below could take the pair towards 1.3655(July 11th low).
Recommendation: Good to buy around 1.3790, with stop loss of 1.3650 and target price of 1.3860


FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: USD/CAD recovers slightly but trend is still bearish
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 



