register nowRegister now
USDCAD TECHS

Still Looking For Gains

AUDUSD TECHS

Remains Vulnerable

EURJPY TECHS

Recent Highs Remain Intact

USDJPY TECHS

Holding Onto Gains

EURGBP TECHS

Bearish Risk

Sign up now for free access to this content.

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

  • RES 3: 152.55 - High Aug 5 (cont)
  • RES 2: 152.28 - 3.0% Upper Bollinger Band
  • RES 1: 152.18 - High Dec 14 / 23 and the bull trigger
  • PRICE: 151.07 @ 16:35 GMT Feb 23
  • SUP 1: 150.97 - Low Feb 19
  • SUP 2: 150.76 - 3.0% Lower Bollinger Band
  • SUP 3: 150.61 - Low Mar 19 2020

JGBs took out all support at the June lows of 151.18, prompting the outlook to deteriorate further still. This cements the underlying downtrend, raising the likelihood of a test of the 2020 lows at 150.61 in the near-term. This reinforces the bearish threat, which firmed on the break of 151.81, the Dec 7 low and bear trigger. On the upside, key resistance has been defined at 152.18, Dec 14/23 high.