Free Trial

TECHS: Bears Keep Focus On 100-DMA ...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bears Keep Focus On 100-DMA 
The 100-dma at 1.3182 remains the focus for the bears as the look to extend the
sell off to the Dec 3 low at 1.3160, ahead of the 200-dma at 1.3085. Bulls need
to recover the 61.8% retracement level & broken channel base at 1.3480/1.3525 to
change the outlook, returning the focus to the Dec 31 high at 1.3665.

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.