By Andrew M Spencer — Feb 08 - 07:35 PM
+0.05% with risk - supported by E-mini S&P and Nasdaq E-mini up 0.15%
RBAWATCH prices yields to top out in Oct at 3.98% from 4.01% Wednesday
Steady yields and no significant data suggest risk/USD to lead today
Markets await RBA forecasts in the Statement on Monetary Policy tomorrow
Charts; Mixed momentum studies, 5, 10 & 21 day moving averages conflict
21 day Bollinger bands contract - mixed signals leave a neutral setup
Resistance starts 0.6996 London high, then 0.7002 21 day moving average
This week's 0.6856 low and 0.6852 lower 21 day Bolli band major supports
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary