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WTI TECHS: (Q2) Maintains A Bearish Outlook

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Consolidating But Outlook Remains Bearish

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Mostly in the green in G10s

USD
  • AUD remains the early weak performer against the USD in G10, although the pair did find some support just short of yesterday's low, which was 0.6881, printed 0.6883 low today.
  • Risk off has kept the lid on the Aussie.
  • Main initial support area, will be seen at the 0.6851, the June low and lowest print since mid May.
  • USD is mostly up in G10, circa flat against EUR, CHF, CAD and GBP.Best
  • performer is the Yen, up 0.49%, helped by the latest fall in Yields, and the Risk off tone.
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  • AUD remains the early weak performer against the USD in G10, although the pair did find some support just short of yesterday's low, which was 0.6881, printed 0.6883 low today.
  • Risk off has kept the lid on the Aussie.
  • Main initial support area, will be seen at the 0.6851, the June low and lowest print since mid May.
  • USD is mostly up in G10, circa flat against EUR, CHF, CAD and GBP.Best
  • performer is the Yen, up 0.49%, helped by the latest fall in Yields, and the Risk off tone.