• USD/CAD steadied around 1.3970 on Monday as lower commodities prices weighed on Canadian dollar .
• Gold prices fell sharply as reports of Israel nearing a ceasefire with Hezbollah, coupled with Trump’s Treasury Secretary pick, tarnished demand for the safe-haven precious metal.
• Oil prices fell more than $2 per barrel after reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict.
•Looking ahead, key events this week will be the release of October Personal Consumption Expenditures (PCE), the latest GDP estimate, and U.S. Federal Reserve minutes are due on Tuesday.
• Technical highlight upside risks for USD/CAD, with momentum studies, 5, 10 and 11 DMAs tracking north.
• Immediate resistance is located at 1.3992(38.2%fib), any close above will push the pair towards 1.4062(Nov 19th high).
• Support is seen at 1.3949 (21SMA) and break below could take the pair towards 1.3892(50%fib).
Recommendation: Good to buy around 1.3970, with stop loss of 1.3900 and target price of 1.4060


FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: USD/CAD edges lower but bullish outlook persists
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major) 



