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AUSSIE 10-YEAR TECHS

(U2) More Stable But Still Fragile

USDCAD TECHS

Trend Structure Remains Bullish

US TSYS

Cautious Risk Appetite Gains Momentum

AUDUSD TECHS

Key Support Still Exposed

US STOCKS

Late Equity Roundup: 2W Highs

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(U0) Corrective Recovery Extends

US 5YR FUTURE TECHS
  • RES 4: 126-077 High Aug 4/5 and key resistance
  • RES 3: 126-05+ High Aug 7
  • RES 2: 126-01 High Aug 11
  • RES 1: 125-292 61.8% retracement of the Aug 5 - 14 sell-off
  • PRICE: 125-276 @ 11:25 BST, Aug 19
  • SUP 1: 125-186 Low Aug 14 and key support
  • SUP 2: 125-16+ Low Jul 2
  • SUP 3: 125-15+ 100-dma
  • SUP 4: 125-13 50% retracement of the Jun - Aug rally

5yr futures are holding onto this week's gains as the corrective bounce extends. The outlook for now remains bearish. Price last week traded through 125-22+ (the late July low). This reinforced the current bearish theme signalling scope for an extension lower. Attention is on 125-166, Jul 2 low where a break would expose 125-13, a Fibonacci retracement. On the upside, resistance is seen at 125-292, a Fibonacci retracement.

MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com
MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com

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