Free Trial
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

US TSY OPTIONS

BLOCK, Late Puts

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

E-MINI S&P (U2): Holding On To Its Recent Gains

EQUITY TECHS
  • RES 4: 4306.50 High May 4
  • RES 3: 4204.75 High May 31 and a key resistance
  • RES 2: 4145.75 High Jun 9
  • RES 1: 4016.25 High Jul 22
  • PRICE: 3964.25@ 14:42 BST Jul 25
  • SUP 1: 3890.70 50-day EMA
  • SUP 2: 3723.75/3639.00 Low Jul 14 / Low Jun 17 and a bear trigger
  • SUP 3: 3578.27 0.618 proj of the Mar 29 - May 20 - 31 price swing
  • SUP 4: 3500.00 Round number support

S&P E-Minis are holding on to the bulk of recent gains. Last week’s bullish extension confirmed a break above the 50-day EMA. This reinforces short-term bullish conditions and suggests scope for a climb towards 4145.75 next, the Jun 9 high. The next key resistance is at 4204.75, the May 31 high. On the downside, the 50-day EMA, at 3890.70, is the first support to watch. Major support lies at 3639.00, the Jun 17 low.

145 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • RES 4: 4306.50 High May 4
  • RES 3: 4204.75 High May 31 and a key resistance
  • RES 2: 4145.75 High Jun 9
  • RES 1: 4016.25 High Jul 22
  • PRICE: 3964.25@ 14:42 BST Jul 25
  • SUP 1: 3890.70 50-day EMA
  • SUP 2: 3723.75/3639.00 Low Jul 14 / Low Jun 17 and a bear trigger
  • SUP 3: 3578.27 0.618 proj of the Mar 29 - May 20 - 31 price swing
  • SUP 4: 3500.00 Round number support

S&P E-Minis are holding on to the bulk of recent gains. Last week’s bullish extension confirmed a break above the 50-day EMA. This reinforces short-term bullish conditions and suggests scope for a climb towards 4145.75 next, the Jun 9 high. The next key resistance is at 4204.75, the May 31 high. On the downside, the 50-day EMA, at 3890.70, is the first support to watch. Major support lies at 3639.00, the Jun 17 low.