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EURUSD TECHS

Southbound

EUROSTOXX50 TECHS

(M2) Bearish Outlook

SNAPSHOT

BoJ Doubles Down On Yield Target Defence

BTP TECHS

(M2) Trend Conditions Remain Bearish

GILT TECHS

(M2) Challenging Trendline Resistance

USDJPY TECHS

Resumes Its Primary Uptrend

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BUND TECHS
BUND TECHS: (M18) Below 55-DMA To Shift Focus Lower
*RES 4: 161.29 55-WMA
*RES 3: 160.98 Monthly High Dec 11
*RES 2: 160.26 Low Dec 13 now resistance
*RES 1: 159.84 High May 23
*PREVIOUS CLOSE: 159.67
*SUP 1: 159.50 High May 21 now support
*SUP 2: 159.22 Hourly resistance May 23 now support
*SUP 3: 158.74 Low May 22
*SUP 4: 158.65 21-DMA
*COMMENTARY: Immediate bullish focus is now on the 160.26-161.29 region where
Dec monthly highs and 55-WMA are situated. The Bollinger top is the key concern
for bulls with potential to limit follow through. Bulls look for a close above
the 55-WMA to shift focus to 163.92 Dec highs. Bears now look for a close below
159.22 to gain breathing room and return pressure to 158.54-74 where 21 &
55-DMAs are noted.

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