Trial now
EGB OPTIONS

Bund put ladder

SOY TECHS

(X1) Bearish Focus

COPPER TECHS

(Z1) Bearish Outlook Remains Intact

US EURODLR OPTIONS

Latest structure

FI TECHS

Bond Bear Cycle Extends

Sign up now for free access to this content.

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

  • EURHUF remains in a short-term downtrend, with the cross printing lower lows for a ninth consecutive session. Support at the 100-dma has given way, opening losses through the 50-dma of 353.50. A break opens 351.76 Fib support.
  • EURPLN is softer having failed to break above the 4.60 double top. Bulls need to retake this level to open 4.6224, 76.4% of the Mar 29 - Jun 7 downleg. Firm support is seen at 4.5309, Jul 15 low.
  • USDZAR remains softer having failed to break the 15.00 handle in late July. The pair holds between support at the 50-dma (successfully held at 14.22 on Wednesday) and resistance crossing at the 14.69 200-dma.
  • USDTRY is bouncing off the week's 8.2969 low, but faces a sharper challenge at the 8.5976 50-dma. A break back above here opens 8.6263 before the year's highs of 8.8008. Key support is unchanged at 8.2860, Jun 11 low.
  • USDRUB remains toward the bottom-end of the recent range, with 72.6851 the downside level to watch. Scope exists for a deeper pullback towards the 72.00 handle. The bull trigger is at 75.3497, Jul 8 high. Initial resistance is at 74.2742, Jul 26 high.