Trial now
AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 1.2896 High Sep 20 and a key resistance
  • RES 3: 1.2849 High Sep 21
  • RES 2: 1.2775 High Sep 29
  • RES 1: 1.2745/53 High Nov 23 / 76.4% of the Sep 20 - Oct 21 sell-off
  • PRICE: 1.22723 @ 06:48 GMT Nov 26
  • SUP 1: 1.2563/2493 20-day EMA / 16
  • SUP 2: 1.2387 Low Nov 1o
  • SUP 3: 1.2288 Low Oct 21 and the bear trigger
  • SUP 4: 1.2253 Low Jun 23

USDCAD outlook remains bullish following the recent retracement of the Sep - Oct sell-off. Price has confirmed a print above the October high of 1.2739 and sights are on 1.2753, 76.4% of the Sep 20 - Oct 21 sell-off and 1.2775, Sep 29 high. Clearance of this retracement would set the scene for a climb towards 1.2896, the Sep 20 high. On the downside, a key short-term support has been defined at 1.2493, the Nov 16 low.