Trial now
EQUITIES

J&J Drags on Dow, DJIA Underperforms

RUSSIA

USD/RUB Slips, Approaches April Lows

US 10YR FUTURE TECHS

‌‌(M1)‌‌ Resistance Remains Intact

Sign up now for free access to this content.

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

  • RES 4: 0.8815 50-day EMA
  • RES 3: 0.8797 High Feb 9
  • RES 2: 0.8739 Low Feb 5
  • RES 1: 0.8731 High Feb 26 and the short-term bull trigger
  • PRICE: 0.8650 @ 16:57 GMT Mar 2
  • SUP 1: 0.8597 Low Feb 26
  • SUP 2: 0.8541 Low Feb 24 and the bear trigger
  • SUP 3: 0.8521 3.0% Lower Bollinger Band
  • SUP 4: 0.8483 2.0% 10-dma Envelope

EURGBP started the week on a softer note following Friday's failure to clear resistance highlighted by the 20-day EMA, crossing at 0.8713 Tuesday. Technical signals continue to register a bearish trend and further weakness would open 0.8597, Feb 26 low ahead of the bear trigger at 0.8541, Feb 24 low. On the upside, a move above Friday's high of 0.8731, would signal a resumption of the corrective bounce and this would expose the 50-day EMA at 0.8815.