NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
Significant Resistance - 1.2820
USDCAD is trading higher despite strong crude oil prices. The escalation of Russia and Ukraine has increased demand for safe-haven assets like the US dollar. The US wants to impose economic sanctions against Russia. This will affect the crude oil supply as Russia produces 10 million barrels per day. It hits an intraday high of 1.28142 and currently trading around 1.28054.
Technical:
USDCAD is holding well above short-term (21 EMA) and medium-term (55 EMA), and long-term ( 200 MA) in the daily chart.
ADX- Neutral
CCI (50) above zero line and Woodies CCI below zero line.
Resistance to be watched- 1.2820, 1.2860, and 1.2900.
Support- 1.2750, 1.2660, 1.2600.
It is good to buy on dips around 1.2758-60 with SL around 1.27000 for a TP of 1.2900.
