Forex Fundamental overview today

]04:30am EST PPI Input m/m (GBP)
08:15am EST Housing Starts (CAD)
10:00am EST Pending Home Sales m/m (USD)
12:00pm EST BOC Governor Dodge Speaks (CAD)

Forex Technical overview

EUR-USD => Expecting the end of a short term up-move around 1.4663 / 1.4641. A pull back towards 1.4569 is next. Breaking above 1.4684 sets buyers mode.

GBP-USD => Till 2.0294 / 2.0269 provides support price should continue trending higher towards 2.0368. S/L slightly below 2.0243.

USD-CHF => Resistance levels - 1.1285 and 1.1298. Expecting a move lower towards 1.1264 or even 1.1242. Rising above 1.1320 will postpone this down move.

USD-JPY => The uptrend should see the end at 112.03 - 111.93 level. This would call a pullback to 111.31. Rising above 112.17 would cancel a pullback.

EUR-JPY => again expecting the end of an uptrend at 164.17 - 164.27 level for a correction to 162.73. Rising above 164.85 will cancel the down side move expectation.

EUR-CHF => The price should find support at 1.6519 - 1.6500 level to set further target to 1.6590. Breaking below 1.6500 will negatively impact this expected up-move.

AUD-USD => Support levels -0.8757 and 0.8733. Anticipating a move higher to 0.8799 and possibly 0.8818.

USD-CAD => The pair should continue in a sell mode targeting 1.0030 or even 0.9990 level presuming that resistance at 1.0070 holds. Rising above 1.0070 may cause a temporary recovery to 1.0102 or possibly 1.0133 area.

Good luck in trading Forex today!

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