USD/CAD is trading at 1.37384, 0.13% up since previous day close. The Canadian Dollar (CAD) moved on higher side against the soft USD after Fed Chair Jerome Powell left an interest rate steady & hinted a dovish stance in future course of time. The traders will be looking forward to the Employment data result of Canada as well as U.S which are to be issued today. The Canada posted better than expected Manufacturing PMI which rose to 48.6 from 47.5 in the previous month. Ongoing geo-political tension & volatile Oil prices will widely affect the USD/CAD. As seen in the chart, the pair seems to be sustaining the resistance level of previous highs which signals an either side breakout. Slight buying bias may be recommended for the day in USD/CAD.

GER30 is trading at 15289.3, 0.21% up since previous close. A sharp rally can be observed in European markets amid heavy buying pressure in other global markets after U.S Fed Powell hinted for no more rate hikes in future course of time & left an interest rate unchanged for consecutive second meeting. Earlier, the indices tumbled down amid strong USD, higher U.S bond yields & rising geo-political issues. Last week, the ECB left an interest rate steady as expected; ending a streak of 10 consecutive rate hikes. The traders remain cautious ahead of U.S NFP data which is to be issued today. As seen in the chart, the index GER30 almost sustained the cluster support of multiple lows which signals for a reversal & hence, slight buying bias may be suggested for the day in GER30.

Gold is trading at $1986  .44, 0.06% up since previous close. The gold seems to be trading flat to higher side ahead of the outcome of U.S Non-farm Payroll data which is to be issued today. Majorly, the U.S Fed Powell left an interest rate steady as expected & hinted for a dovish stance in future course of time which weakened the USD & cushioned the gold prices. The tension looms over Israel & Hamas geo-political conflicts may turn up to be positive for gold; for Gold is a safe haven instrument. The result of U.S PMI figures will remain in focus for the day. As seen in the chart, the gold is hovering near higher levels which acts as a resistance level; indicates the buying bias on daily basis.