Trial now
BUNDS

German 5s/30s is flattening

FOREX

Greenback Consolidating, NZD Underperforms

HUNGARY

Bubor Rates

EQUITIES

Rally Continues (Though Stalling A Little In Europe)

COMMODITIES

NatGas Resurgence Continues

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Key resistance at 1.3345:
*RES 4: 1.3435 76.4% retracement of the May 31-Jul 19 decline
*RES 3: 1.3432 High Jun 18
*RES 2: 1.3355 61.8% retracement of the May 31-Jul 19 decline
*RES 1: 1.3302/08 Cloud top & 100-dma/200-dma
*PRICE: 1.3252 @ 08:55 GMT Aug 13
*SUP 1: 1.3207/3196 Trendline support drawn off the Jul 19 low / Low Aug 9
*SUP 2: 1.3178 Low Aug 5
*SUP 3: 1.3123/20 50-mma/200-wma
USDCAD continues to trade below the Aug 7 high of 1.3345. This key level marked
a rejection of the 100 & 200-dma's last week and was further cemented by
Wednesday's bearish shooting star candle pattern and a bearish engulfing
reversal the following day. Downside focus remains on the Aug 5 low at 1.3178
and 1.3106, the Jul 31 low. Clearance of this latter level would open the ytd
low at 1.3016. Note S/T trendline support drawn off the Jul 19 low intersects at
1.3207.