EURJPY TECHS: Corrective Bounce

Aug-06 19:00

* RES 4: 187.47 High Jul 29 and a key resistance * RES 3: 185.21 50-day EMA * RES 2: 184.32 50.0% re...

Historical bullets

US 10YR FUTURE TECHS: (U6) Support Intact For Now

Jul-07 18:43
  • RES 4: 111-03   50.0% retracement of the Mar 2 - May 19 bear leg
  • RES 3: 110-28+ High May 7, 2026
  • RES 2: 110-14   38.2% retracement of the Mar 2 - May 19 bear leg
  • RES 1: 110-10+ High Jun 26
  • PRICE:‌‌ 109-11+ @ 19:32 BST Jul 07
  • SUP 1: 109-06   Low Jun 22 and key S/T support 
  • SUP 2: 108-25   Low Jun 08 
  • SUP 3: 108-08+ Low May 19 and the bear trigger
  • SUP 4: 108-04   1.382 proj of Apr 17 - May 4 - 7 swing

Treasuries continue to trade below last week’s high. Resistance to watch is  110-10+, the Jun 26 high. Recent gains have resulted in; a breach of the 50-day EMA, and a move through resistance at 110-00+, the May 29 high. The break continues to highlight a possible S/T  reversal. A resumption of gains would open 110-14, a Fibonacci retracement. First key support to watch is 109-06, the Jun 22 low. Clearance of this level would be bearish.

US TSY OPTIONS: Late Volume

Jul-07 18:43
  • +10,000 TYQ6 106/108 put spds, 3
  • -15,000 FVV6 107.75/108.75 call spds, 10 vs. 106-23/0.08%

SOFR OPTIONS: Dec'26 SOFR Call Spread Buyer

Jul-07 18:41

+20,000 SFRZ6 96.43/96.56 call spds, .75