By Andrew Spencer — Jun 26 - 11:53 PM
• Up 0.2% with the U.S. dollar off 0.1% and risk appetite resilient
• E-mini S&P +0.15%, Nikkei +1.6%, US copper +0.35%, ASX 200 +0.05%
• U.S. Core PCE Price Index leads offshore data/sentiment risk
• Charts, 5, 10 & 21-day, week moving averages climb, with 21-day Bolli bands
• Daily momentum studies conflict - positive signals at the 2025 highs
• Yesterday's 0.6507 low then Tuesday's 0.6456 base are initial supports
• Thursday's 0.6564 2025 trend high, then 0.6687 Nov 2024 top first resistance
• A close above 0.6552 will leave a bullish outside week
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters