MEXICO: Deputy Governor Heath Discusses Need For Pause To Assess Core CPI Data

Jan-08 15:04

You are missing out on very valuable content.

* Banxico Deputy Governor Heath's dissenting vote to remain on hold: * "We need to thoroughly eval...

Historical bullets

MNI: US OCT JOLTS QUITS RATE 1.8%

Dec-09 15:00
  • MNI: US OCT JOLTS QUITS RATE 1.8%
  • US SEP JOLTS QUITS RATE 2.0%

MNI: US OCT JOLTS JOB OPENINGS 7670K

Dec-09 15:00
  • MNI: US OCT JOLTS JOB OPENINGS 7670K
  • US SEP JOLTS JOB OPENINGS 7658K

EURJPY TECHS: Pierces The Bull Trigger

Dec-09 14:54
  • RES 4: 184.34 2.236 proj of the Jul 31 - Sep 29 - Oct 2 price swing
  • RES 3: 184.11 Bull channel top drawn from the Feb 28 low
  • RES 2: 183.07 2.000 proj of the Jul 31 - Sep 29 - Oct 2 price swing 
  • RES 1: 182.15 Intraday high
  • PRICE: 182.02 @ 14:53 GMT Dec 9
  • SUP 1: 180.30 20-day EMA
  • SUP 2: 178.98/178.31 Low Nov 14 / 50-day EMA 
  • SUP 3: 177.15 Low Nov 10
  • SUP 4: 175.98 Bull channel support drawn from the Feb 28 low

The latest pause in EURJPY appears to have been a flag - a continuation signal that reinforces the bull theme. MA studies are in a bull-mode position too, highlighting a dominant uptrend. The cross has pierced resistance at 182.01, the Nov 20 high and bull trigger. A clear breach of this hurdle would confirm a resumption of the uptrend. Sights are on 184.11, the top of a bull channel drawn from the Feb 28 low. First key support is 180.30, 20-day EMA.