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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%

CZECHIA
  • USDCZK ticks lower this morning after failing to break above its 21 resistance on Friday; next resistance to watch on the topside stands at 21.22, followed by 21.34 (50D SMA). On the downside, first support stands at 20.72.
  • EURCZK has been retracing lower in the past few days after failing to break through its 25.50 ST resistance last week; next support to watch on the downside stands at 25.27. On the topside, next resistance to watch above 25.50 stands at 25.72 (50D SMA).
  • GBPCZK ticks lower this morning after failing to break through its 200D SMA on Friday (29.68); supports to watch on the downside stand at 29.29 (23.6% Fibo retracement of the 28..57-31.62), followed by 29. On the topside, next resistance above 29.68 stands at 29.82 (50D SMA).
  • CZKJPY has been consolidating lower in the past few days after finding a high at 5.28 on June 2; supports to watch on the downside stand at 5.20, followed by 5.12. On the topside, next key resistance to watch stands at 5.46.
  • CZKPLN ticks higher this morning after testing its ST support at 0.1750 several times last week; resistances to watch on the topside stand at 0.1765 (50D SMA), followed by 0.1791 (March 30 high). On the downside, next support to watch (below 0.1750) stands at 0.1740.
  • CZKHUF has been finding support above the 13.55 level in the past week, which corresponds to the 38.2% Fibo retracement of the 12.58 – 14.15 range; next supports to watch below that stand at 13.50, followed by 13.36 (50% retracement). On the topside, first resistance stands at 13.70 (200D SMA), followed by 13.78 (23.6% Fibo).

Source: Bloomberg/MNI

MNI London Bureau | +44 203-865-3850 | yvan.berthoux@marketnews.com
MNI London Bureau | +44 203-865-3850 | yvan.berthoux@marketnews.com