Trial now
EURGBP TECHS

Approaching Key Support

US TSYS

Hovering Just Off Monday's Late Cheaps

GBPUSD TECHS

Climbs Above The 20-Day EMA

EURUSD TECHS

Outlook Remains Bearish

SNAPSHOT

Chinese Media Looks To Placate Equity Worry

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 153.82 High Feb 12 (cont)
  • RES 3: 153.40 1.236 proj of the May 19 - 28 price swing
  • RES 2: 152.66 1.00 proj of the May 19 - 28 price swing
  • RES 1: 152.47 High Jun 14 and the bull trigger
  • PRICE: 151.38 @ Close Jun 17
  • SUP 1: 150.75 Low Jun 10
  • SUP 2: 150.11 Low Low Jun 8 and key near-term support
  • SUP 3: 149.53 Low May 28
  • SUP 4: 148.80 Low May 25

BTP futures remain in their current bullish cycle following the strong reversal from the 147.00 low on Mar 19. With bulls in control, current dips are considered corrective and are allowing a recent overbought condition to unwind. Key near-term support lies at 150.11, Jun 8 low. The bull trigger has been defined at 152.47, Jun 14 high where a break would open 152.66, a Fibonacci projection and the Feb high (cont) of 153.82 further out.