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Subscribe to this list via RSS Blog posts tagged in Bear Bias

Posted by on in Equity Index Chart Updates

European benchmark downside correction bias intact

·         We have repeated in our client reports from last week that “we still look for a cap at 3225 and for a roll back lower to the recovery range” and the bounce and another setback from ahead of 3204 (from 3200) leaves a defensive bias through midweek.

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Posted by on in FX Chart Updates

USDCAD skewed risk lower, through 1.0885 for 1.0840

·         An erratic range tone Tuesday, capped last week by chart/ retrace barrier at 1.0960 but holding minor support sat 1.0885 to maintain a very neutral tone.

·         The prior push above 1.0945 produced a shift to a non-trend theme, with the broader range defined by 1.0813 below and 1.1055 above.

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Tagged in: Bear Bias Forex FX USDCAD
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Posted by on in Miscellaneous

 

We see a bear risk set up into the ECB for EURUSD

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