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JGB TECHS

(U2) Solid Bounce Into the Close

USDCAD TECHS

Bullish Price Structure

AUDUSD TECHS

Clears Key Support

EURJPY TECHS

Retracement Mode

COMMODITIES

Oil Supply Constraints Trump Lower Demand

USDJPY TECHS

Pullback Considered Corrective

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OIL TECHS
OIL TECHS: WTI TECHS: (N19) Bearish technical signals intact
*RES 4: $59.10 - 100-dma
*RES 3: $58.52 - 50% of Apr-May fall
*RES 2: $57.33 - Low May 23
*RES 1: $54.84 - High Jun 10
*PRICE: $51.81 @ 06:00 GMT Jun 18
*SUP 1: $50.60 - Low June 5
*SUP 2: $49.45 - 76.4% retracement of Dec-Apr rally
*SUP 3: $48.39 - High Dec 26
*SUP 4: $44.49 - L/T Trendline
WTI has been leading the way technically among the oil-based futures recently
and the contract continues to give bearish signals currently. Both momentum and
trend indicators remain in a bear mode overall reinforcing the bearish stance. A
break below the $51.70 support will put the lows at $50.60 back under pressure,
with the potential to extend the downtrend towards the $44.49 trendline.

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