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%

CABLE TECHS
CABLE TECHS: Watch Trendline Resistance At 1.2925
*RES 4: 1.3013 High Oct 21 and bull trigger
*RES 3: 1.2976 High Oct 31
*RES 2: 1.2925 Trendline resistance drawn off Oct 21 high
*RES 1: 1.2898 High Nov 11
*PRICE: 1.2878 @ 05:38 GMT Nov 15
*SUP 1: 1.2769 Low Nov 8 and bear trigger
*SUP 2: 1.2703 200-day MA
*SUP 3: 1.2603 Low Oct 15
*SUP 4: 1.2582 High Sep 20 and former breakout point
GBPUSD is unchanged with the near term risk still skewed to the downside. A move
below 1.2789, Oct 24 low would allow the steep uptrend that unfolded off the Oct
8 low to unwind further before bullish activity resumes. Attention is on 1.2703,
the 200-DMA and 1.2603, Oct 15 low. Resistance is at 1.2925, a trendline drawn
off the Oct 21 high. A break through this level would highlight a bull flag
formation and signal a resumption of the uptrend.