FxWirePro- Major Pair levels and bias summary 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Woodies pivot (Major) 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro- Woodies pivot (Major) 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: USD/ZAR retreats but trend is still bullish 
FxWirePro: USDCAD trades weak on surging Canadian yield, good to sell on rallies
USDCAD continues to trade weak for the past three consecutive weeks. The strength in the Canadian dollar was mainly due to a jump in Canada's 2-year yield and bullish crude oil price. The gap between Canadian 2-year and US 2-year yields rose nearly 41 basis points. The overall trend is still bearish as long as resistance 1.260 holds.
WTI crude continues to trade higher and holds above $80 on global oil demand. A jump to $85 is possible.
On the flip side, immediate support stands at 1.2430 and any indicative break below that level will drag the pair down till 1.2370/1.2325.
The pair's near-term resistance is around 1.2510, any breach above targets 1.2560/1.2600.
It is good to sell on rallies around 1.2508-10 with SL around 1.2560 for the TP of 1.2380.
