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EURJPY TECHS

Pressuring Resistance

USDJPY TECHS

Testing Trendline Support Again

EURGBP TECHS

Attention Is On Resistance

GBPUSD TECHS

Through 1.4000

EUROZONE T-BILL ISSUANCE

Bill Supply For W/C May 10, 2021

EURUSD TECHS

Resumes Its Upleg

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bullish engulfing reversal
*RES 4: 3560.85 Bull channel top drawn off the Jun 6 low
*RES 3: 3515.15/75 High Apr 24 major resistance
*RES 2: 3496.79 High Jun 21 and bull trigger
*RES 1: 3476.93 High Jun 28
*PRICE: 3473.69 @ Close June 28
*SUP 1: 3424.68 Low Jun 27 and key support for today
*SUP 2: 3418.18 High Jun 11
*SUP 3: 3397.52 50-day EMA
*SUP 4: 3363.07 Jun 14 low
EUROSTOXX50 strong gains on Friday bodes well for bulls. The combination of a
doji candle pattern last Thursday & a bullish engulfing reversal on Friday,
signals an end to the recent corrective pullback. Furthermore prices are back
above trendline support. Momentum too is rising. Attention is on the Jun 21 high
of 3496.79, a break would confirm a resumption of the uptrend & open the 3560.85
bull channel top. On the downside, 3424.68 represents an important support.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com