Trial now
USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Theme Maintained:
*RES 4: 1.3501 1.00 projection of Jul 19 - Sep 3 rally from Sep 10 low
*RES 3: 1.3432 High Jun 18
*RES 2: 1.3383 High Sep 3 and key resistance
*RES 1: 1.3348 High Oct 3
*PRICE: 1.3308 @ 16:04 GMT Oct 4
*SUP 1: 1.3266 50% of the Oct 2 range
*SUP 2: 1.3206 Low Sep 13 and Oct 2 / Key near-term support
*SUP 3: 1.3177 Low Sep 12
*SUP 4: 1.3134 Low Sep 10 and major support
USDCAD remains firm following last weeks move higher that saw of host of key
resistance levels cleared. The move on Oct 2 marks a bullish breakout that
appears to have the legs for an extension higher. Support at 1.3206, Sep 13 and
Oct 2 low held held last week and this reinforces the current bullish theme.
Attention at the start of this week is on 1.3383, Sep 3 high where a break would
confirm a resumption of the broader uptrend. Key support is 1.3206.