FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
- USDCAD has shown a nice recovery from low of 1.29205 yesterday. The Canadian dollar was trading lower following G7 summit in Quebec. Trade war fears and death of NAFTA are the main issues dragging Canadian dollar. The FOMC meeting is on Wednesday and markets expect that fed will raise interest rates by 0.25%. Any hawkish comments from Fed will drag the Canadian dollar further down.The pair hits intraday high of 1.30279 and is currently trading around 1.30041.
- WTI Crude oil prices has shown a good recovery as Trump and Kim signed historic Singapore summit. The commodity jumped till $66.58 but upside is limited on account of US oil drilling activity highest level since Mar 2015 and increasing output from Russia. It is currently trading around $66.30.
- Technically near term resistance is around 1.3067 and any convincing break above targets 1.3125.Major bullish continuation only above 1.3125. The minor resistance is around 1.3000/1.3035.
- On the lower side, near term support is around 1.2880 and any convincing break below will drag the pair down till 1.2850/1.2800.
It is good to buy on dips around 1.2965-70 with SL around 1.2920 for the TP of 1.3125.
