FXStreet (Guatemala) - Strategists at RBS offered a snap shot of technical observations across the markets.
"Bunds stuck between retracements, a 144.00 – 146.00 range likely for the next week".
"Treasuries reached the downside targets, but bounced from 50-DMA; more downside expected after correction".
"Gilts reached the 109.24 level; after a bullish correction, further move South expected".
"S&P-500 might have a correction from the 1,949 resistance, but remains bullish overall targeting 2,030".
"Italian 10-yr yield broke a key resistance level, making the market bullish towards 2.41% and potentially below".
"EUR/USD FX seems to have formed a long-term base after bouncing from 1.35 amid H&S pattern".