SILVER TECHS: Still Looking For Gains

Jul-02 07:05

You are missing out on very valuable content.

* RES 4: $39.026 - 1.382 proj of the Apr 7 - 25 - May 15 swing * RES 3: $38.246 - 1.236 proj of the ...

Historical bullets

MNI: SWISS Q1 GDP +0.5% Q/Q, +2% Y/Y

Jun-02 07:00
  • MNI: SWISS Q1 GDP +0.5% Q/Q, +2% Y/Y

AUDUSD TECHS: Trading Above Support

Jun-02 06:58
  • RES 4: 0.6603 High Nov 11 ‘24  
  • RES 3: 0.6582 High Nov 12 ‘24
  • RES 2: 0.6550 61.8% retracement of the Sep 30 ‘24 - Apr 9 bear leg
  • RES 1: 0.6537 High May 26  
  • PRICE: 0.6468 @ 07:57 BST Jun 2 
  • SUP 1: 0.6396/85 2.0% Lower 10-day Bollinger Band / 50-day EMA 
  • SUP 2: 0.6357 Low May 12    
  • SUP 3: 0.6275 Low Apr 14 
  • SUP 4: 0.6181 Low Apr 11 

AUDUSD trend signals remain bullish and the pair continues to trade closer to its recent highs. Key support lies at 0.6385, the 50-day EMA. A clear break of this average is required to signal a potential short-term reversal. The pair has recently cleared a key short-term resistance at 0.6515, the May 7 high. This confirms a resumption of the uptrend. A continuation higher would open 0.6550, a Fibonacci retracement.

GILTS: Opening calls

Jun-02 06:57

Gilt Calls, 91.46/91.56, some suggest potential upside risks on the Calls.