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: 134-09+ High Aug 5
  • RES 3: 134-00+ High Aug 17 and key near-term resistance
  • RES 2: 133-28 High Sep 3
  • RES 1: 133-14+ High Sep 16
  • PRICE: 132-15 @ 16:28 BST Sep 23
  • SUP 1: 132-13 3.0% Lower Bollinger Band
  • SUP 2: 132-12 Low Sep 23 / 0.764 proj of the Aug 4 - 11 - 17 price swing
  • SUP 3: 131-27+ 1.00 proj of the Aug 4 - 11 - 17 price swing
  • SUP 4: 131-14 Low Jun 17 (cont)

Treasury futures sold off further Thursday, extending the reaction to the FOMC rate decision. The day's lows intersects at 132-12, the 0.764 proj of the Aug 4 - 11 - 17 price swing. This keeps the outlook negative for now, with downside targets shifting lower to 131-27+ initially ahead of 131-14. Initial firm resistance is at 133-28, Sep 3 high ahead of the key hurdle for bulls at 134-00+.