Technical snapshot of key markets - RBS

FXStreet (Guatemala) - Analysts gave a snapshot technical view on key rates, FX and equity/commodity markets.

Key Quotes:

"Treasuries: 1.78% may be re-tested, but it marks the sell level of H&S => 2.33% attract."

"Bunds: constructive to 0.22% at least, as oscillators stay positive and 0.44% marks a key support."

"US - Germany 10yr: more widening on the table: 189 bps onto 240 bps."

"Gilts: 1.64% - 1.92% range for now; then 2.19% and 2.36% attract."

"UK - Germany 10yr: more widening through 153 bps to 166 bps and above after a correction."

"Italy 10yr: bullish again to 1.41% onto 1.31% (possibly 1.23%)."

"S&P-500: 2,116/2,138 may see a correction, but the market remains bullish to 2,400 at least."

"DAX-30: 11,600 may see a correction, but remains constructive to 12,600 onto 14,180."

"EUR/USD- 1.15/1.16 marks a key resistance (selling levels) for 1.06 and 1.02."

"GBP/USD: positive signs are seen on charts, but another dip is possible before recovery => buy a dip from 1.50/1.52 for 1.57 and 1.64."

"EUR/GBP: 0.7152 attracts but not in a straight line."

"USD/JPY: use corrections to 117/118 to re-load for 124."

"Oil Brent: $64 to limit bullish correction, as $42/39 attract onto $25/20."