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Chairman Powell

EURJPY TECHS

Resumes Its Downtrend

USDJPY TECHS

Testing Its 50-Day EMA

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Remains Vulnerable
*RES 4: 1.3300 High Oct 11
*RES 3: 1.3240 High Oct 15
*RES 2: 1.3212 High Oct 17
*RES 1: 1.3146 High Oct 18 and key near-term resistance
*PRICE: 1.3080 @ 16:24 GMT Oct 24
*SUP 1: 1.3053 Intraday low
*SUP 2: 1.3041 Low Jul 22
*SUP 3: 1.3016 Low Jul 19 and major support
*SUP 4: 1.2991 76.4% October 2018 - January 2019 Rally
USDCAD, remains vulnerable. The recent breach of key support at 1.3134, Sep 10
low continues to weigh. With momentum studies also in a downward spiral, further
weakness is seen likely near-term with the focus on the key support at 1.3016,
Jul 19 low. On the upside, firm short-term resistance is at 1.3146. While this
level remains intact, look for the pair to extend the current move lower.