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USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

Channel Top Within Reach: *RES....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Channel Top Within Reach:
*RES 4: 1.1109 High Sep 13
*RES 3: 1.1076 High Sep 18
*RES 2: 1.1007/25 Channel resistance drawn off Jun 25 high / High Sep 23
*RES 1: 1.1001 High Oct 7
*PRICE: 1.0987 @ 08:35 GMT Oct 8
*SUP 1: 1.0941 Low Oct 3
*SUP 2: 1.0904 Low Oct 2
*SUP 3: 1.0879 Low Oct 1 and bear trigger
*SUP 4: 1.0862 76.4% retracement of Jan 2017 - Feb 2018 rally
EURUSD is consolidating. Attention remains on the bull channel top, at 1.1007
today. The channel is drawn off Jun 25 high. Whether last weeks recovery marks
the start of a more bullish theme still depends on the ability to clear the
channel resistance. A break would represent an important technical development
and confirm a trend reversal. Momentum would be in support. Until then, the
downtrend remains intact. Renewed weakness would reopen 1.0879.