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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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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
TECHS: Maintains A Bullish Tone:......>
DOLLAR-CANADA: TECHS: Maintains A Bullish Tone:
*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: 1.3321 @ 09:31 GMT Oct 4
*SUP 1: 1.3206 Low Sep 13 and Oct 2 / Key near-term support
*SUP 2: 1.3177 Low Sep 12
*SUP 3: 1.3134 Low Sep 10 and major support
*SUP 4: 1.3106 Low Jul 31
USDCAD remains firm overall following Wednesday move higher that saw of host of
key resistance levels cleared. This marks a bullish breakout that appears to
have given the uptrend the legs for an extension higher. Importantly, support at
1.3206 held earlier this week reinforcing the current bullish tone. Attention is
on 1.3383, Sep 3 high where a break would confirm a resumption of the broader
uptrend that began off the Jul 19 low. Key support lies at 1.3206.
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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.