Free Trial

TECHS: Range Highs Back In Focus......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Range Highs Back In Focus
USDCAD remains above the 1.33 level and the focus is squarely on the Jan 17 high
at 1.3319. Above here would open the 50-dma & Jan 7 high at 1.3360/91. Bears
need a close below the 100-dma at 1.3199 to regain control, targeting the Jan 9
& Dec 3 lows at 1.3180/60. Below here opens a run at the 61.8% retracement &
200-dma at 1.3120/3105.

To read the full story

Close

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.