Free Trial

TECHS: 200-DMA Key USDCAD based.......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 200-DMA Key
USDCAD based ahead of the 61.8% fibo & trendline support yesterday with the
recovery extending back through the 200-dma. A positive close above 1.3162
brings the 1.32 level & 100-dma back into view at 1.3262. While a downside break
of 1.3115/20 would see bears target the 1.31 level & Feb 1 low at 1.3069.

To read the full story

Close

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.