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EURGBP TECHS

Bearish Risk

GBPUSD TECHS

Attention Is On The 50-day EMA

EURUSD TECHS

Clears Key Support

OPTIONS

Larger FX Option Pipeline

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Shrugs off better GDP:
*RES 3: 1.3432/35 High Jun 18 / 76.4% retracement of the May 31 - Jul 19 decline
*RES 2: 1.3432 High Jun 18
*RES 1: 1.3346/55 High Aug 20 / 61.8% retracement of the May 31 - Jul 19 decline
*PRICE: 1.3297 @ 15:20 GMT Aug 30
*SUP 1: 1.3225 Low Aug 27
*SUP 2: 1.3211 Low Aug 14
*SUP 3: 1.3185 Low Aug 13
The pair showed signs of a decent range break late Friday after the much
better-than-expected GDP data, but markets swiftly reversed course, keeping
USD/CAD within the week's extremes. This keeps the upside argument in tact for
the pair, which still attempts a push higher following the bounce off Tuesday's
1.3225 low and the focus is on 1.3346, the Aug 20 high. This is a key resistance
and just above, is the 61.8% retracement of the May 31 - July 19 decline at
1.3355.