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USDCAD TECHS

Northbound

US TSYS

FI Support Evaporates Amid Late Month End Selling

AUDUSD TECHS

Remains Vulnerable

CANADA

Late Risk Off Sees USDCAD Eye Cycle Highs

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BLOCK, Late Puts

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Cable look to test next support

USD
  • USD is up against all the majors and extends early gains since the Govie open, following the risk off tone.
  • Cable gets hit, and while investors price more hike for the UK, market participants are likely looking at the recession risk.
  • Immediate support is at 1.2004, and a break through the latter, will open to 1.1961 Low Jul 25 next.
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  • USD is up against all the majors and extends early gains since the Govie open, following the risk off tone.
  • Cable gets hit, and while investors price more hike for the UK, market participants are likely looking at the recession risk.
  • Immediate support is at 1.2004, and a break through the latter, will open to 1.1961 Low Jul 25 next.