FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: GBP/AUD bears maintain upper hand 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro- Major Crypto levels and bias summary 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
Intraday trend- Bearish
Significant support- 1.3090
USDCAD lost its shine after the Bank Of Canada monetary policy. The central bank has hiked rates by 25 bpbs, the highest level since 2001. The bank warned that progress on the CPI front will be slower, which shows that BOC will follow monetary tightening. The weak US inflation also dragging the pair further down. It hits an intraday low of 1.30922 and is currently trading around 1.31208.
Technically in the 4-hour chart, the pair is holding above below short-term (21- and 55 EMA) and 200 EMA (1.32945). Any break below 1.3090 will take the pair to 1.3050/1.300.
The near-term resistance is around 1.3150 and any breach above targets is 1.3200/1.3240.
Indicators (4 Hour chart)
CCI (50)- Bearish
ADX- Bearish
It is good to sell on rallies around 1.3148-50 with SL around 1.3200 for a TP of 1.3000.
