NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro- Woodies pivot (Major) 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: USD/CNY edges higher, outlook bearish 
- USD/CAD recovered slightly from the low of 1.25275 made on Tuesday. Loonie jumped more than 100 pips after BOC monetary policy statement. It hits high of 1.26594 and is currently trading around 1.26180.
- BOC has expected to keep its interest rates unchanged at 1.25%. The central bank remains cautious about future rate hikes. The bank has raised interest rates three times from last June. A quarter point hike is expected in the near term mostly in May or June. Overall Canadian economy near full-capacity and unemployment lowest level since 1970s but uncertainty over North American Free Trade Agreement are factors weighing on economy.
- WTI Crude oil prices jumped more than 10% in this week and hits high of $67.73 on account of declining crude oil inventories. It is currently trading around $69.
- Technically near term resistance is around 1.2660 and any break above targets 1.2700/1.2725/1.2800. Overall bullish continuation only above 1.3125.
- On the lower side, near term support is around 1.2550 and any break below will drag the pair down till 1.252/1.2500/1.24500.
It is good to buy on dips around 1.2585-90 with SL around 1.2545 for the TP of 1.2660/1.2700.
