Trial now
USDCAD TECHS

Still In A Bear Cycle

LATAM

Summary: USDBRL Extends Losses To Near 2%

AUDUSD TECHS

Needle Still Points North

US TSYS

Focus on Midweek BoC, ECB Policy Announcements

FOREX

EUR Crosses Come Under Pressure As ECB Beckons

(H18) 112.190-240 Resistance Region....>

SCHATZ TECHS
SCHATZ TECHS: (H18) 112.190-240 Resistance Region Key
*RES 4: 112.325 High Apr 18 
*RES 3: 112.270 Monthly high Sept 7 
*RES 2: 112.240 High Dec 7 
*RES 1: 112.190 High Dec 11
*PREVIOUS CLOSE: 112.180
*SUP 1: 112.129 21-DMA 
*SUP 2: 112.107 55-DMA 
*SUP 3: 112.095 100-WMA 
*SUP 4: 112.025 Monthly Lows Oct 26 & Nov 30
*COMMENTARY: A lack of follow through on dips back towards key MAs 112.095-129
sees pressure on the key 112.190-240 resistance region. Bulls still need a close
above 112.190 to ease bearish pressure and above 112.240 to reconfirm focus on
112.270-325. Modestly O/B daily studies are less than ideal for bulls. In saying
that, bears continue to look for a close below the 55-DMA to end bullish hopes
and confirm immediate pressure back on the double daily bottom at 112.025.