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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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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
TECHS: July 1 high key resistance:....>
DOLLAR-CANADA: TECHS: July 1 high key resistance:
*RES 4: 1.3286/96 Jun 20 high / 200-dma
*RES 3: 1.3226 Low Jun 10
*RES 2: 1.3196 High Jun 26
*RES 1: 1.3137/45 High Jul 5 / High Jul 1 and key resistance
*PRICE: 1.3122 @ 09:01 GMT Jul 10
*SUP 1: 1.3095/90 200-hma/ 100-hma
*SUP 2: 1.3038 Low Jul 4
*SUP 3: 1.3015 Low Oct 25 2018
*SUP 4: 1.3000 Psychological round number
USDCAD comfortably remains clear of 1.3100. A break above resistance at 1.3145
would strengthen the potential bullish implications of the recent bounce off
1.3038, the low of Jul 4. This would in turn open 1.3196 and the 1.3200 handle.
While 1.3145 remains in place however, the broader bearish outlook holds with
key support and the bear trigger at the Jul 4 low of 1.3038. A breach would
extend the downtrend and open the psychological 1.3000 level.
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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.