• USD/CAD edged higher on Tuesday as Canada’s inflation data suggested the BoC might align with a potential significant interest rate cut by the Federal Reserve.
• Canada's annual inflation rate slowed to 2% in August from 2.5% in July, matching the BoC's inflation target and marking the coolest pace since February 2021.
• Investors see roughly 100 basis points of easing in total in the final three BoC meetings of 2024.
•The focus remains on Wednesday's U.S. Federal Reserve policy decision which could see it deliver a big interest rate cut.
• Immediate resistance is located at 1.3634(50%fib), any close above will push the pair towards 1.3683(61.8%fib).
• Support is seen at 1.3575(38.2%fib) and break below could take the pair towards 1.3506( (23.6%fib).
Recommendation: Good to buy around 1.3580, with stop loss of 1.3520 and target price of 1.3680


FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/NZD gains some ground but outlook is bearish
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 



