Trial now
RUSSIA

USD/RUB Slips, Approaches April Lows

US 10YR FUTURE TECHS

‌‌(M1)‌‌ Resistance Remains Intact

OPTIONS

Larger FX Option Pipeline

Sign up now for free access to this content.

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

  • RES 4: 3867.28 High Feb 20, 2020
  • RES 3: 3828.51 1.382 proj of Dec 21 - Jan 8 rally from Jan 28 low
  • RES 2: 3798.19 0.764 proj of Mar - Jul - Oct 2020 swing
  • RES 1: 3742.53 High Feb 15 and the bull trigger
  • PRICE: 3669.54 @ Close Mar 5
  • SUP 1: 3656.21 Low Mar 5
  • SUP 2: 3622.24 Low Feb 26 and the bear trigger
  • SUP 3: 3576.43 61.8% retracement of the Jan 28 - Feb 15 rally
  • SUP 4: 3545.09 Low Feb 2

EUROSTOXX 50 remains in a broader uptrend. However, while price remains below 3742.53, Feb 15 high, a corrective cycle is in play and the risk for a deeper pullback is present. For bears, attention has been on the 50-day EMA at 3623.56, where a break would suggest scope for a deeper pullback. Note also, support at 3622.24, a bear trigger. 3742.53 marks the bull trigger for a resumption of the uptrend and would open 3798.19, a Fibonacci projection.