Trial now
USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

OIL TECHS
OIL TECHS: NYMEX HO: (N18) Bulls Need Close Above 55-DMA
*RES 4: $2.2168 - Hourly resistance May 31
*RES 3: $2.1917 - Hourly resistance June 1
*RES 2: $2.1837 - 21-DMA
*RES 1: $2.1435 - 55-DMA
*PRICE: $2.1213 @ 0430GMT
*SUP 1: $2.0939 - Hourly resistance June 15 now support
*SUP 2: $2.0658 - Low June 18
*SUP 3: $2.0523 - 100-DMA
*SUP 4: $2.0344 - Low Apr 11
*COMMENTARY: Support emerging ahead of the 100-DMA has seen the contract recover
lost ground Monday with pressure back on the 55-DMA. Bulls now need a close
above the 55-DMA to ease bearish pressure and above $2.1917 to confirm a break
of the 21-DMA and shift focus back to $2.2168-2467. While the 55-DMA caps bears
retain focus on $2.0344-0523 where the 100-DMA is noted and need a close below
$2.0939 to add weight to their case.