OCBC Bank 1/5: #EURUSD Downside risks averted? Choppy action left the $EURUSD still anchored on either side of the 1.2050 level. Buoyant early Tue, but the 1.2080/90 resistance still intact. Despite negative lead from
fundamentals (German lockdowns etc),
fundamentals (German lockdowns etc),
OCBC Bank 2/5: the technical picture may turn positive if the 1.2000 level is not breached again soon.
#USDJPY Upside momentum eased. $USDJPY pull-back extended towards 105.00 overnight after an initial attempt to move towards 105.80. The stalling of the 10y UST yield at 1.20%
#USDJPY Upside momentum eased. $USDJPY pull-back extended towards 105.00 overnight after an initial attempt to move towards 105.80. The stalling of the 10y UST yield at 1.20%
OCBC Bank 3/5: may have contributed to the implicit heaviness. The risk-on environment should provide some, albeit limited, supported. Will not turn negative on this pair unless 104.80/00 is breached.
#AUDUSD Bearish bias erased. Riskon and firm commodity complex spurred $AUDUSD
#AUDUSD Bearish bias erased. Riskon and firm commodity complex spurred $AUDUSD
OCBC 4/5: extension. The close above 0.7700 is a positive, & puts 0.7800 into view. Path of least resist may be higher for now, especially with equities continuing to set the positive tone.
#GBPUSD Potential extension higher. The $GBPUSD breached 1.3750 resist early Tue after
#GBPUSD Potential extension higher. The $GBPUSD breached 1.3750 resist early Tue after
OCBC 5/5: #USD continued to print weak. Next target will be at 1.3800, with immediate supp at 1.3700.
#USDCAD Southbound. A clean breach of 1.2750 supp leaves pair on its way to 1.2700 tget. As with #AUD, risk-on & firm commodities should imply downside pressure for the pair.
#USDCAD Southbound. A clean breach of 1.2750 supp leaves pair on its way to 1.2700 tget. As with #AUD, risk-on & firm commodities should imply downside pressure for the pair.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
