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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
TECHS: Bulls In Charge Again *RES.....>
DOLLAR-CANADA: TECHS: Bulls In Charge Again
*RES 4: 1.3432 Jun 18 high
*RES 3: 1.3383 High Sep 3
*RES 2: 1.3331 61.8% retracement of the Jun - Dec decline
*RES 1: 1.3329 High Feb 10 and key resistance
*PRICE: 1.3275 @ 16:20 GMT Feb 24
*SUP 1: 1.3235 Intraday low
*SUP 2: 1.3202/01 Low Feb 21 / Trendline support drawn off the Jan 7 low
*SUP 3: 1.3191 Low Jan 30
*SUP 4: 1.3155 Low Jan 28 and 29
USDCAD has surged higher Monday morning breaking above its 1.3279 resistance,
Feb 18 high. Last week, the 200-dma proved a decent level of support.
Furthermore, the pair has held above a trendline support drawn off the Jan 7
low. The trendline intersects at 1.3201 today. This reinforces last week's low
of 1.3202 as a key support. While it holds, look for the pair to extend recent
gains with attention back on 1.3329, the Feb 10 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.