Trial now
JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

Sign up now for free access to this content.

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

  • RES 4: $78.03 - High Oct 29, 2018 (cont)
  • RES 3: $76.80 - High Jul 6 and the bull trigger
  • RES 2: $75.92 - High Jul 14
  • RES 1: $75.15 - High Jul 29
  • PRICE: $70.27 @ 16:33 BST Aug 11
  • SUP 1: $68.83 - 5.0% 10-dma envelope
  • SUP 2: $67.60 - Low Aug 05
  • SUP 3: $66.91 - Jul 20 low and Bear trigger
  • SUP 4: $65.75 - Low May 24

Brent futures traded inside the Tuesday range on Wednesday, flattening off the recovery off the Monday low. The move below the 50-day EMA last week looks convincing, with support now exposed at $66.91. To resume any incline, bulls need to again take out $74.47, the 76.4% retracement of the Jul 6 - 20 downleg. A break and close back above here opens key resistance at $76.80, Jul 6 high.