Trial now
USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

Sign up now for free access to this content.

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

  • RES 4: 4600.00 Round number resistance
  • RES 1: 4591.25 1.00 proj of Jul 19 - Aug 16 - Aug 19 price swing
  • RES 3: 4539.50 High Sep 3 and the bull trigger
  • RES 1: 4519.75 High Sep 9
  • PRICE: 4507.25 @ 07:01 BST Oct 20
  • SUP 1: 4398.57 50-day EMA
  • SUP 2: 4317.25/4260.00 Low Oct 12 / Low Oct 1 and the bear trigger
  • SUP 3: 4243.50 Low Jul 20
  • SUP 4: 4214.50 Low Jul 19 and a key support

S&P E-minis traded higher again yesterday. Price action on Oct 14 resulted in a move above the 50-day EMA and bulls haven't looked back. The breach of the average has also strengthened the case for bulls and this week's positive price action has resulted in a move above 4472.00, Oct 7 high and 4500.00. This opens 4539.50, the Sep 3 high and a bull trigger. A key support is at 4317.25, Oct 12 low. The 50-day EMA at 4398.57 is first support.