Free Trial

Consolidation Mode But Remains Bearish


Fails To Hold Onto Thursday’s High


'Big Tech' Bill Goes To Senate


Oil Up For Fifth Week On Supply Disruption, Geopolitics

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

TECHS: Horizontal: *RES 4: 1.3432.....>

*RES 4: 1.3432 High Jun 18
*RES 3: 1.3383 High Sep 3 and key resistance
*RES 2: 1.3345 High Sep 4
*RES 1: 1.3310 High Sep 18 and bull trigger
*PRICE: 1.3252 @ 16:03 GMT Sep 27
*SUP 1: 1.3214 Low Sep 24 and Sep 26
*SUP 2: 1.3206 Low Sep 13
*SUP 3: 1.3177 Low Sep 12
*SUP 4: 1.3134 Low Sep 10 and key support
No change still in USDCAD as the pair consolidates. The recovery established off
the low of Sep 10 remains intact. Focus for bulls is on the potential for a
close above 1.3300 and a break of 1.3310. This would further cement the bullish
outlook and open 1.3345, the high of Sep 4 and 1.3383, Sep 3 high. Momentum
studies continue to point north and moving average studies are bullish too
highlighting a positive uptrend reading. Support lies at 1.3206, Sep 13 low.
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.