Trial now
HUNGARY

Unemployment Rate Raises To 4% in June

CROSS ASSET

Gilts and GBP

Sign up now for free access to this content.

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

  • RES 4: 4415.48 1.00 proj of Mar 25 - May 10 - 13 price swing
  • RES 3: 4400.00 Round number resistance
  • RES 2: 4384.50 High Jul 14 and the bull trigger
  • RES 1: 4368 High Jul 16
  • PRICE: 4353.50 @ 07:02 BST Jul 22
  • SUP 1: 4224.00 Low Jul 19 and key short-term support
  • SUP 2: 4187.58 61.8% retracement of the Jun 21 - Jul 14 rally
  • SUP 3: 4126.75 Low Jun 21
  • SUP 4: 4046.00 Low May 19

S&P E-minis started the week on a softer note but found support at Monday's low and have since recovered. Recent weakness resulted in a break of 4279.25, Jul 8 low. This signals a S/T trend top and suggests scope for a deeper corrective pullback. Note though that the contract has tested the 50-day EMA at 4243.44 and the average has so far provided support. A bullish signal would be confirmed if the EMA and 4224.00 hold.