Free Trial

EURCAD - The earlier break of channel base....>

FOREX: EURCAD - The earlier break of channel base support (C$1.5141) extends
through C$1.5100 to extended pullback lows of C$1.5080. The underlying tone
holds heavy with next downside support seen on approach to C$1.5000, a break
here is likely to accelerate the move toward C$1.4934 which represents the 76.4%
retracement of C$1.4799-1.5371. Last C$1.5081.  

To read the full story



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.