ASIA: Coming Up in Asia Today
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ASIA: Coming up in APAC Today
| 0000BST | 0700HKT | 0900AEST | S&P Global Australia PMI Composite June P |
| 0000BST | 0700HKT | 0900AEST | S&P Global Australia PMI Mfg June P |
| 0000BST | 0700HKT | 0900AEST | S&P Global Australia PMI Services June P |
| 0200BST | 0900HKT | 1100AEST | S&P Global Japan PMI Composite June P |
| 0930BST | 1630HKT | 1830AEST | S&P Global Japan PMI Mfg June P |
| 0930BST | 1630HKT | 1830AEST | S&P Global Japan PMI Services June P |
source: Bloomberg Finance LP / MNI
NEW ZEALAND: Employment Confidence Index Falls
" *NEW ZEALAND 2Q EMPLOYMENT CONFIDENCE INDEX FALLS 12.5 TO 83.1
*NEW ZEALAND EMPLOYMENT CONFIDENCE DROPS TO RECORD LOW: WESTPAC" : BBG
USDCAD TECHS: Impulsive Bull Wave
- RES 4: 1.4292 61.8% Retracement Feb’25 - Jan’26 downleg
- RES 3: 1.4254 3.0% Upper Bollinger Band
- RES 2: 1.4211 1.50 proj of the Mar 9 - 31 - May 1 price swing
- RES 1: 1.4193 High Jun 22
- PRICE: 1.4151 @ 16:04 BST Jun 22
- SUP 1: 1.4095 Low Jun 18
- SUP 2: 1.3953 20-day EMA
- SUP 3: 1.3851 50-day EMA
- SUP 4: 1.3837 Low Jun 3
A strong impulsive bull cycle in USDCAD remains intact and last week's extension reinforces current conditions. The rally signals scope for an extension towards 1.4211, a Fibonacci projection point. Further out, sights are on 1.4292, a Fibonacci retracement. Note that the trend is on overbought territory. A pullback would allow this condition to unwind. The first important support to watch lies at 1.3953, the 20-day EMA.
