EQUITIES: Futures Point To Positive Opens In Europe
Jul-18 06:59
Upside bias in equity futures points to positive cash opens, with cues from the U.S. & Asia helping:...
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GILTS: Opening calls
Jun-18 06:59
Gilt Calls: 92.59/92.63 range, they don't take the data into account.
EQUITIES: EU Opening calls
Jun-18 06:58
Estox 50: +0.04%, Dax: -0.05%, CAC: +0.18%, FTSE +0.19%, SMI +0.05%.
AUDUSD TECHS: Bulls Remain In The Driver’s Seat
Jun-18 06:56
- RES 4: 0.6700 76.4% retracement of the Sep 30 ‘24 - Apr 9 bear leg
- RES 3: 0.6688 High Nov 7 ‘24
- RES 2: 0.6603 High Nov 11 ‘24
- RES 1: 0.6552 High June 16
- PRICE: 0.6508 @ 07:55 BST Jun 18
- SUP 1: 0.6457/6429 Low Jun 13 / 50-day EMA
- SUP 2: 0.6357 Low May 12
- SUP 3: 0.6275 Low Apr 14
- SUP 4: 0.6181 Low Apr 11
The trend set-up in AUDUSD remains bullish and the pair is holding on to the bulk of its latest gains. Key support at 0.6429, the 50-day EMA, is intact. A clear break of this EMA is required to highlight a potential short-term reversal. The pair has recently cleared a key resistance at 0.6515, the May 7 high, confirming a resumption of the uptrend. Sights are on 0.6550, a Fibonacci retracement.
