Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
FxWirePro: NZD/USD turns lower as USD regains footing 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
- USDCAD has dropped more than 100 pips from the one week high of 1.30670 yesterday after news from ABC news that US Treasury Secretary Steven Mnuchin urged Donald Trump to exempt Canada from steel and aluminum tariff. IMF report on Canada shows that in 2018 growth in Canada is expected to decline due to “significant risks, domestic and external”. The major domestic risk is sharp correction in housing market. Failure to reach NAFTA agreement within stipulated time frame will affect investment and growth of Canada for longer period. The pair hits high of 1.30670 and started to decline sharply from that level. It is currently trading around 1.29190.
- WTI Crude oil prices has shown a minor jump of more than $1.5 dollar from yesterday’s low of $64.20 as Venezuela supply crisis intensifies. Markets eye US crude oil inventory data for further direction. It is currently trading around $65.32.
- 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 1.2960/1.3000.
- 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 1.2920 with SL around 1.2860 for the TP of 1.300/1.3045.
