FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD dips after RBA Governor speech 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
Significant Resistance - 1.2850
USDCAD gained more than 300 pips from its low of 1.2580. The demand for safe-haven assets on an escalation of tension between Russia and Ukraine is supporting the US dollar at lower levels. The further upside can be prevented due to a surge in oil prices.WTI crude oil price jumped more than 40% last week as a sanction on Russia will affect supply. Loonie hits an intraday high of 1.28317 and currently trading around 1.28211.
Technical:
USDCAD is holding above short-term (21 EMA), medium-term (55 EMA), and long-term ( 200 MA) in the daily chart.
ADX- Neutral
CCI (50) above zero line in the 4-hour chart.
Resistance to be watched- 1.2850, 1.2900, and 1.2950.
Support- 1.2550, 1.2500, and 1.2400.
It is good to buy on dips around 1.2780 with SL around 1.2750 for a TP of 1.2900.
