- G10 Markets
- Fixed Income
- Foreign Exchange
- Emerging Markets
- MNI Research
- Global Macro
- Political Risk
- About Us
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
- G10 Markets
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
Real-time insight of oil & gas markets
Reporting on key macro data at the time of release.
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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: Needle Still Pointing North Despite Pullback
- RES 4: 1.3421 High Sep 30 and primary resistance
- RES 3: 1.3341 High Oct 7 and a reversal trigger
- RES 2: 1.3263/68 50-day EMA / High Oct 7
- RES 1: 1.3259 High Oct 15
- PRICE: 1.3158 @ 17:47 BST Oct 19
- SUP 1: 1.3143 Low Oct 15
- SUP 2: 1.3099 Low Oct 13 and the bear trigger
- SUP 3: 1.3095 76.4% retracement of the Sep 1 - 30 rally
- SUP 4: 1.3038 Low Sep 2
The USDCAD short-term outlook is bullish with recent gains signalling scope for a stronger corrective bounce. The pair breached the 20-day EMA last week paving the way for move towards the 50-day EMA that intersects at 1.3263. A clear breach of the 50 EMA would strengthen a bullish case. On the downside, initial support lies at 1.3143, Thursday's intraday low. A move through this level would however undermine the recent recovery.
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why Subscribe to
MNI is the leading providerof 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.