Trial now
USDCAD TECHS

Pullback Considered Corrective

AUDUSD TECHS

Holding Above Recent Lows

US EURODLR OPTIONS

BLOCK, Large 3Y Midcurve Put Condor

Sign up now for free access to this content.

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

  • This week, the CNB is expected to increase its policy rate by 25bps to 0.75% on August 5 in order to curb the inflationary pressures, which are expected to remain elevated in H2.
  • USDCZK has been consolidating lower in the past few days, currently trading slightly below its 100DMA resistance at 21.46; next support to watch on the downside stands at 21.37, followed by 21.20. On the topside, first resistance to watch above 21.46 stands at 21.62 (200DMA).
  • Czech 10Y yield ticks lower this morning after failing to break through its 50DMA yesterday; key support to watch on the downside stands at 1.60%. On the topside, next resistance to watch above 1.68% (50DMA) stands at 1.74%.
  • Next CPI print (July) will come out on August 10.