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EUROZONE ISSUANCE

EGB Supply for W/C Jul 26

USDCAD TECHS

Pullback Considered Corrective

US TSYS SUMMARY

What a Short, Strange Trip It's Been

GLOBAL POLITICAL RISK

Pfizer, Moderna Jabs Retain High Trust; AZ, Sputnik Lower

AUDUSD TECHS

Trend Indicators Remain Bearish

Briefly Above 1.1800 A large......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Briefly Above 1.1800
A large inverse head-and-shoulders pattern formed after the break of 1.1750
yesterday, targeting 1.21+. Risk appetite spilled over into Europe, EURUSD
briefly traded above the 1.1800 level, but soon faded. Despite this the recent
uptrend remains intact with near-term resistance at 1.1851 from the June 14
high. Above here targets the 50% retracement (Feb high - Aug low) & 200-dma
resistance levels at 1.1928/47. Bears need a close below the 100-dma at 1.1663
to shift focus back to the downside, suggesting a resumption of weakness towards
the ytd low at 1.1301.