Trial now
USDCAD TECHS

Trend Conditions Remain Bullish

US TSY FUTURES

Extending Lows After the Close

US TSYS SUMMARY

Reversing Overnight Risk-Off Tone

AUDUSD TECHS

Remains Vulnerable

US

Pres Biden Budget Proposal Ests

EURJPY TECHS

Needle Still Points South

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 200-DMA Continues To Cap
*RES 4: $1.2759 - 21-DMA
*RES 3: $1.2724 - Daily Bear channel top off 2018 high
*RES 2: $1.2629 - 100-DMA
*RES 1: $1.2623 - 200-DMA
*PRICE: $1.2581 @ 0930GMT
*SUP 1: $1.2528 - Low Apr 17 
*SUP 2: $1.2482 - Bollinger band base 
*SUP 3: $1.2457 - Daily Bear channel base 
*SUP 4: $1.2451 - Alternating daily support/resistance
*COMMENTARY: Bears take comfort in consolidation below the 200-DMA with
immediate focus on $1.2451-57 where the daily bear channel base is noted. Bears
need a close below $1.2451 to initially target $1.2255 2018 lows. The Bollinger
base is the key concern for bears with potential to limit follow through. Bulls
look for a close above the 200-DMA to gain breathing room and above the 21-DMA
to shift initial focus to $1.2817-46.