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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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Free AccessMNI EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
MNI EUROPEAN OPEN: A$ & Local Yields Surge Following Jobs Data
TECHS: 1.3200 Exposed *RES 4:.........>
DOLLAR-CANADA: TECHS: 1.3200 Exposed
*RES 4: 1.3348 High Oct 3
*RES 3: 1.3300 High Oct 11
*RES 2: 1.3271/76 High Nov 14 / 200-day MA
*RES 1: 1.3252 High Nov 15
*PRICE: 1.3239 @ 17:11 GMT Nov 19
*SUP 1: 1.3191 Intraday Low
*SUP 2: 1.3172 Low Nov 8
*SUP 3: 1.3115 Low Nov 5 and key near-term support
*SUP 4: 1.3075 Low Oct 30
USDCAD, remains vulnerable. Thursday's rejection off the day high and a close
near session lows highlights a developing bearish theme. In candle terms,
Thursday's pattern is a shooting star, signalling a top in the trend. Friday's
move lower reinforced this pattern and suggests the S/T risk for weakness below
1.3200 has increased. 1.3200 is currently under pressure, a clear break would
open 1.3172 initially. Key resistance remains 1.3271, Nov 14 high.
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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.