Trial now
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%

BUND TECHS
BUND TECHS: (U18) Below 161.26 To Shift Focus Lower
*RES 4: 164.19 2018 High May 29
*RES 3: 163.63 Bollinger band top
*RES 2: 163.03 High May 30
*RES 1: 162.89 High July 2
*PREVIOUS CLOSE: 162.59
*SUP 1: 162.45 Hourly support July 5
*SUP 2: 162.06 Low July 5
*SUP 3: 161.75 Low June 26
*SUP 4: 161.54 21-DMA
*COMMENTARY: Bears failed to capitalise on the break below 162.22 with the pair
recovering to retain focus on the break of 163.03 needed to add support to the
bullish case for a test of 164.19-42. The 161.26 support remains key this week.
Bears continue to look for a close below to shift initial focus back to
159.37-160.22 where the 55-DMA (160.11) is situated. Correcting O/B studies
remain a concern for bulls and currently weigh.