Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
- RES 4: 1.2455 50-day EMA
- RES 3: 1.2419 High Apr 27
- RES 2: 1.2351 High May 4 and a key near-term resistance
- RES 1: 1.2194/2288 High May 7 / High May 6
- PRICE: 1.2118 @ 06:49 BST May 12
- SUP 1: 1.2079 Low May 10
- SUP 2: 1.2062 Low Sep 2017 and a major support
- SUP 3: 1.1978 2.0% 10-dma envelope
- SUP 4: 1.1920 Low May 2015
USDCAD moving average studies are in a bear mode and recent weakness confirmed an extension of the bearish price sequence of lower lows and lower highs. The pair is approaching a major pivot support at 1.2062, the Sep 2017 low. This level will potentially either reinforce the current medium-term bear leg if breached or lead to a reversal if the support manages to contain CAD strength. Initial resistance is at 1.2194, May 7 high.