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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

GILT TECHS
GILT TECHS: (U18) Lower 1% Volatility Band Provides Near Term Protection
*RES 4: 122.51/60 Jun 8 high, initial low Jun 5
*RES 3: 122.31 Hourly highs Jun 8
*RES 2: 122.17 Hourly recovery high Jun 8
*RES 1: 121.85/96 Hourly resistance, hourly high Jun 8
*PRICE: 121.63 @0825GMT 
*SUP 1: 121.34 1% volatility band
*SUP 2: 121.16 76.4% Fibo of 120.01-124.67
*SUP 3: 121.09 76.4% Fibo of 119.95-124.67
*SUP 4: 120.80 May 3 low
*COMMENTARY* Last week's base at 121.51 has come under assault today, a low so
far of 121.40, as we approach the lower 1% volatility band at 121.34. This the
protection against a further 121.16-121.09 fall, where two 76.4% Fibo retrace
levels reside. As a result, nearest resistance falls to 121.85-121.96, back
above the latter will provide some respite, 122.17-122.31 then the bar to a
122.51-122.60 return.