ENERGY: MNI: BAKER HUGHES US RIG COUNT 542; OIL RIGS 418; GAS RIGS 118
MNI: BAKER HUGHES US RIG COUNT 542; OIL RIGS 418; GAS RIGS 118 * MNI: BAKER HUGHES CANADA RIG COUNT...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
FED: US TSY 20Y BOND AUCTION: HIGH YLD 4.876%; ALLOT 44.44%
- US TSY 20Y BOND AUCTION: HIGH YLD 4.876%; ALLOT 44.44%
- US TSY 20Y BOND AUCTION: DEALERS TAKE 12.88% OF COMPETITIVES
- US TSY 20Y BOND AUCTION: DIRECTS TAKE 26.47% OF COMPETITIVES
- US TSY 20Y BOND AUCTION: INDIRECTS TAKE 60.64% OF COMPETITIVES
- US TSY 20Y BOND AUCTION: BID/COV 2.54
EURUSD TECHS: Outlook Remains Bullish
- RES 4: 1.1851 High Sep 10 2021
- RES 3: 1.1829 High Jul 01 and the bull trigger
- RES 2: 1.1789 High Jul 24
- RES 1: 1.1730 High Aug 13
- PRICE: 1.1660 @ 16:10 BST Aug 20
- SUP 1: 1.1588 50-day EMA
- SUP 2: 1.1392 Low Aug 1 and bear trigger
- SUP 3: 1.1373 Low Jun 10
- SUP 4: 1.1313 Low May 30
A consolidation mode dominates for now in EURUSD. The trend set up however, remains bullish. Moving average studies are in a bull-mode position, highlighting a dominant medium-term uptrend. A resumption of gains would expose key resistance and the bull trigger at 1.1829, the Jul 1 high. Clearance of this level would resume the uptrend. Support to watch lies at 1.1588, the 50-day EMA. Major support rests at 1.1392, the Aug 1 low.
US TSYS/SUPPLY: WI 20Y
Tsy futures remain near session highs (TYU5 at 111-30, +.5) ahead of the $16B 20Y bond auction re-open (912810UN6) at 1300ET, WI is currently at 4.877% from 4.866% earlier, 5.8bp rich to last month's stop.
