Archived IMT (2009.02.26)
USDCAD consolidation persists since November, but range has narrowed to a 5-cent range since January. Considering the trend line support of 1.2360 prevailing since Sep 29, a breach below it would likely be accompanied by a notable bounce in equities near 7,500 on the Dow and 790 on the S&P500. Despite the deteriorating climate for equities and the implications for higher USDCAD, the pair faces increasing resistance at 1.2620.
Kushner a Tell?
by Adam Button | Dec 5, 2019 11:11
GBP Breaks out, USD Hurt
by Adam Button | Dec 4, 2019 14:38
Time for the Pre-Santa Selloff
by Adam Button | Dec 3, 2019 12:55
USD Pauses, Key Levels Pre ISM
by Ashraf Laidi | Dec 2, 2019 13:51
Tories in Command, Turn to China
by Adam Button | Nov 28, 2019 12:51