ASIA STOCKS: Coming Up In The Asian Session On Thursday
Feb-12 21:25
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ASIA: Coming Up In The Asian Session On Tuesday
Jan-13 21:21
| 0345GMT | 1145HKT | 1445AEDT | Thailand Dec Consumer Confidence |
| 0630GMT | 1430HKT | 1730AEDT | India Dec Wholesale Prices |
ASIA: Coming Up In The Asia-Pac Session On Tuesday
Jan-13 21:17
| 2330GMT | 0730HKT | 1030AEDT | Australia Jan Westpac Consumer Conf |
| 2350GMT | 0750HKT | 1050AEDT | Japan Nov BoP Current Account Balance |
| 2350GMT | 0750HKT | 1050AEDT | Japan Nov Trade Balance BoP Basis |
| 2350GMT | 0750HKT | 1050AEDT | Japan Dec Bank Lending |
| 0100GMT | 0900HKT | 1200AEDT | Japan BOJ Deputy Governor Himino Speech |
| 0135GMT | 0935HKT | 1235AEDT | EU ECB's Rehn Keynote Speech |
| 0335GMT | 1135HKT | 1435AEST | South Korea Nov Money Supply |
| 0500GMT | 1300HKT | 1600AEST | Japan to Sell 5-Year Bonds |
| 0830GMT | 1630HKT | 1930AEST | Japan Dec Eco Watchers Survey |
USDCAD TECHS: Trend Structure Remains Bullish
Jan-13 21:11
- RES 4: 1.4674 2.0% 10-dma envelope
- RES 3: 1.4539 3.382 proj of the Oct 17 - Nov 1 - 6 price swing
- RES 2: 1.4508 3.236 proj of the Oct 17 - Nov 1 - 6 price swing
- RES 1: 1.4467 High Dec 19
- PRICE: 1.4398 @ 21:09 GMT Jan 13
- SUP 1: 1.4345/4280 20-day EMA / Low Jan 6
- SUP 2: 1.4232 Low Dec 17
- SUP 3: 1.4190 50-day EMA
- SUP 4: 1.4011 Low Dec 5
The trend set-up in USDCAD remains bullish and the recent move down is considered corrective. The latest pause in the uptrend appears to be a flag formation - a bullish continuation signal. Note too that MA studies are in a bull-mode position, highlighting a dominant uptrend. Sights are on 1.4508 next, a Fibonacci projection level. 1.4345, the 20-day EMA, has recently been pierced. A clear break of the average would open 1.4190, the 50-day EMA.
