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%

Sign up now for free access to this content.

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

  • RES 4: 155.71 High Aug 5 and the bull trigger (cont)
  • RES 3: 155.68 High Aug 25
  • RES 2: 155.14 High Aug 31
  • RES 1: 154.64 High Sep 22 / 23 and key near-term resistance
  • PRICE: 152.98 @ Close Sep 24
  • SUP 1: 152.72 Low Sep 24
  • SUP 2: 152.66 Low Jul 15 (cont)
  • SUP 3: 152.16 61.8% retracement of the Jun 25 - Aug 5 rally (cont)
  • SUP 4: 151.93 Low Jul 8 (cont)

BTP futures trend conditions remain bearish. A price sequence of lower lows and lower highs that highlights a bearish theme is intact and Friday's move below 152.94, Sep 9 low, reinforces this condition. The focus is on 152.66 next, Jul 15 low on the continuation chart. On the upside, a resumption of gains would open resistance at 155.14, Aug 31 high. Key near-term resistance is at 154.64, Sep 23/24 high.