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Policy
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Data
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Global Macro
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessAUDCAD is starting to pick up renewed.........>
FOREX: AUDCAD is starting to pick up renewed momentum and holds near the peak of
its C$0.9488-0.9540 daily range. We previously noted in an MNI Analysis email
(AUDCAD Channel Top Resistance - Oct 31) that should AUDCAD breach channel top
resistance it opens the potential of a +200 pip move above the 100-dma. AUDCAD
indeed extended above here, before topping out at C$0.9569 last week, a level
that now provides resistance. A break of C$0.96 opens the 200-dma & 50%
retracement level of 2018 range at C$0.9666/74. Last C$0.9536.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.