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 3: 153.20 - 50% Mar'20 - Feb'21 Decline
  • RES 2: 153.02 - High Apr 28 2020
  • RES 1: 152.62 - High Jul 21 and the bull trigger
  • PRICE: 151.71 @ 16:08 BST Sep 16
  • SUP 1: 151.66 - Low Sep 14/16
  • SUP 2: 151.49 - Low Jun 17
  • SUP 3: 150.88 - Low Apr 1

JGBs continue to ebb, remaining closer to the lower end of the recent range. This works against the previously bullish outlook after topping resistance at the 152.53 Fib retracement (38.2% of the 2020 - 2021 sell-off) a few weeks back. This turns focus to initial support at 151.66, Sep 14 low where a break is required to signal scope for a deeper pullback.