Trial now
USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

Marginal Close Above 200-DMA.......>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Marginal Close Above 200-DMA
*RES 4: Php51.045 - 55-DMA 
*RES 3: Php50.969 - 100-DMA 
*RES 2: Php50.810 - High Dec 7 
*RES 1: Php50.762 - 21-DMA
*PRICE: Php50.510 @ 2300GMT
*SUP 1: Php50.300 - Low Dec 11 
*SUP 2: Php50.240 - Monthly Low Nov 29 
*SUP 3: Php50.140 - Monthly Low Aug 4 
*SUP 4: Php49.970 - Low June 20
*COMMENTARY: Bulls take comfort in a marginal close above the 200-DMA
(Php50.508) that eases immediate bearish pressure and increases the risk of a
correction back to 21, 55 & 100-DMAs Php50.683-51.045. Bulls now need a close
above the 55-DMA to end bearish hopes and shift focus back to 2017 highs
(Php51.850), Bears now need a close below Php50.240 to return pressure to the
key Php49.970-50.140 support region.