LATIN AMERICA: "Regional Economic Outlook: Western Hemisphere, April 2025" - IMF
IMF Presentation from earlier today with some insights on Latin America. * The IMF points out that ...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
ASIA: Coming Up In Asia Pac Markets On Thursday
| 2350GMT | 0750HKT | 1050AEDT | Japan Weekly Investment Flows |
| 0000GMT | 0800HKT | 1100AEDT | Australia 2027 Inflation-Linked Bond Sale |
| 0130GMT | 0930HKT | 1230AEDT | China Feb Industrial Profits |
| 0135GMT | 0935HKT | 1235AEDT | New Zealand Bond Sales (2036, 2029, 2054) |
| 0335GMT | 1135HKT | 1435AEDT | Japan 40 Year Bond Sale |
USDCAD TECHS: Shows Through Near-Term Support
- RES 4: 1.4700 Round number resistance
- RES 3: 1.4641 76.4% retracement of the Feb 3 - 14 bear leg
- RES 2: 1.4452/4543 High Mar 13 / 4 and a bull trigger
- RES 1: 1.4402 High Mar 20
- PRICE: 1.4264 @ 16:51 GMT Mar 26
- SUP 1: 1.4235 Low Mar 26 and a key near-term support
- SUP 2: 1.4151/4107 Low Feb 14 / 50.0% of Sep 25 - Feb 3 bull run
- SUP 3: 1.4011 Low Dec 5 ‘24
- SUP 4: 1.3944 61.8% retracement of the Sep 25 ‘24 - Feb 3 bull cycle
USDCAD traded lower again Wednesday and traded through support at 1.4242, the Mar 6 low. Clearance of this level would undermine the bull theme and instead highlight potential for a test of 1.4151, the Feb 14 low and a bear trigger. Moving average studies continue to highlight a dominant uptrend. A reversal higher would refocus attention on the bull trigger at 1.4543, the Mar 4 high. First resistance is 1.4402, the Mar 20 high.
AUDUSD TECHS: Support Holds
- RES 4: 0.6429 High Dec 12 ‘24
- RES 3: 0.6414 38.2% retracement of the Sep 30 ‘24 - Feb 3 bear leg
- RES 2: 0.6409 High Feb 21 and a bull trigger
- RES 1: 0.6391 High Mar 17 / 18
- PRICE: 0.6307 @ 16:50 GMT Mar 26
- SUP 1: 0.6258 Low Mar 21
- SUP 2: 0.6187 Low Feb 4
- SUP 3: 0.6171/6088 Low Feb 4 / 3 and a key support
- SUP 4: 0.6045 1.500 proj of the Sep 30 - Nov 6 - 7 price swing
AUDUSD has recovered from its latest low. A short-term bull theme is intact and the latest move down appears corrective. Key short-term support to watch is 0.6187, the Mar 4 low. Clearance of this level would reinstate a bear threat. First support is at 0.6258, the Mar 21 low. A stronger recovery would refocus attention on 0.6409, the Feb 21 high. Clearance of this hurdle would strengthen a bull cycle and resume the uptrend that started Feb 3.
