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ASIA FX

Peso & Ringgit Buck Regional Trend

SCHATZ TECHS

(Z1) Trend Conditions Still Bearish

BOBL TECHS

(Z1) Fresh Lows

BUND TECHS

(Z1) Resumes Its Downtrend

INDIA

Borrowing Plan Unchanged

JGBS

Soft Cover At 40-Year Auction

TECHS: Resistance Now From Between....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Resistance Now From Between $1.2426-$1.2463
*RES 4: $1.2550 Aug 29 high
*RES 3: $1.2492 Sep 1 high
*RES 2: $1.2441/63 Aug 29 low, initial low Sep 1
*RES 1: $1.2426 Sep 4 high
*PRICE: $1.2389 @1200GMT
*SUP 1: $1.2340 Sep 1 low
*SUP 2: $1.2304 1.618 swing of $1.2441-$1.2663
*SUP 3: $1.2280 Equality fall from $1.2492 to $1.2663-$1.2451
*SUP 4: $1.2236 2% volatility band
*COMMENTARY* A potentially bullish 'Doji' candle at last Tuesday's close allowed
a $1.2441-$1.2663 recovery, before once again the underlying bear bias won
through. The loss of $1.2550 was the initial warning sign, below $1.2500 the
confirmation. Having subsequently broken beneath $1.2441-$1.2414, a low of
$1.2340 so far, the next objectives range from the swing target at $1.2304 and
the equality fall at $1.2280. Resistance $1.2426-$1.2463.