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GBPUSD TECHS

Back In Its Bull Channel

EURUSD TECHS

Bearish Engulfing Candle

EQUITIES

Stocks Bounce, But Still Off Last Week's Best

FOREX

Havens Offered as Risk Sentiment Repairs

OPTIONS

Larger Option Pipeline

Bulls Need Close Above Bear........>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Bulls Need Close Above Bear Channel Top
*RES 4: Thb33.53 - High July 26 
*RES 3: Thb33.41 - High July 27 
*RES 2: Thb33.25 - Daily Bear channel top 
*RES 1: Thb33.24 - 21-DMA
*PRICE: Thb33.16 @ 2300GMT
*SUP 1: Thb33.11 - 2017 Low Aug 29 
*SUP 2: Thb32.98 - Monthly Low May 1 2015 
*SUP 3: Thb32.65 - Daily Bear channel base 
*SUP 4: Thb32.52 - Low Apr 27 2015
*COMMENTARY: Hesitation ahead of May 2015 monthly lows continues with very
narrow Bollinger bands suggestive of a breakout. Bulls need a close above the
daily bear channel top to confirm a break of the 21-DMA and an easing of bearish
pressure. Bulls then need a close above Thb33.41 to shift focus to layers of
resistance Thb33.53-91 where the longer term bear channel top and 100-DMA are
noted. Bears need a close below Thb33.11 to reconfirm a bearish bias.