BOBL TECHS: (H6) Testing Support
Jan-23 06:27
* RES 4: 116.960 High Dec 1 * RES 3: 116.805 76.4% retracement of the Nov 26 - Dec 10 bear leg * RES...
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EURJPY TECHS: Bull Cycle Intact
Dec-24 06:25
- RES 4: 186.41 2.618 proj of the Jul 31 - Sep 29 - Oct 2 price swing
- RES 3: 185.77 2.5000 proj of the Jul 31 - Sep 29 - Oct 2 price swing
- RES 2: 185.26 Bull channel top drawn from the Feb 28 low
- RES 1: 184.92 High Dec 22
- PRICE: 183.67 @ 06:17 GMT Dec 24
- SUP 1: 182.28/181.57 20-day EMA / Low Dec 17
- SUP 2: 180.03 50-day EMA
- SUP 3: 178.48 Low Nov 12
- SUP 4: 177.13 Bull channel support drawn from the Feb 28 low
The trend structure in EURJPY is bullish and a fresh cycle high this week strengthens current conditions. The move higher confirms a resumption of the primary uptrend. Sights are on 185.26, the top of a bull channel drawn from the Feb 28 low. This level also represents a key resistance point. On the downside, support to watch lies at 182.28, the 20-day EMA. A breach of it would signal the start of a corrective cycle.
LOOK AHEAD: UK Timeline of Key Events (Times GMT)
Dec-24 06:23
| Date | Time | Period | Event |
| 02-Jan | 0930 | Dec | S&P Global Manufacturing PMI (Final) |
| 05-Jan | 0930 | Nov | BOE Lending to Individuals / M4 |
| 06-Jan | 0001 | Dec | BRC Monthly Shop Price Index |
| 06-Jan | 0930 | Dec | S&P Global Services / Composite PMI (f) |
| 07-Jan | 0930 | Dec | S&P Global/CIPS Construction PMI |
| 12-Jan | 0001 | --- | KPMG-REC Report on Jobs |
| 13-Jan | 0001 | Dec | BRC-KPMG Shop Sales Monitor |
| 15-Jan | 0700 | Nov | GDP / Services / Production / Trade / Construction |
| 15-Jan | 0930 | --- | BOE Credit Conditions Survey |
| 20-Jan | 0700 | Nov/Dec | Labour Market Report |
| 21-Jan | 0001 | Dec | Brightmine pay deals for whole economy |
| 21-Jan | 0700 | Dec | Consumer Inflation Report / Producer Prices |
| 22-Jan | 0700 | Dec | Public Sector Finances |
| 23-Jan | 0001 | Jan | Gfk Monthly Consumer Confidence |
| 23-Jan | 0700 | Dec | Retail Sales |
| 23-Jan | 0930 | Jan | S&P Global Manuf / Serv / Comp PMI (p) |
| 27-Jan | 0001 | Jan | BRC Monthly Shop Price Index |
| 30-Jan | 0930 | Dec | BOE Lending to Individuals / M4 |
LOOK AHEAD: Eurozone Timeline of Key Events (Times GMT)
Dec-24 06:18
| Date | Time | Country | Event |
| 30-Dec | 0800 | ES | HICP (p) |
| 02-Jan | 0815 | ES | S&P Global Manufacturing PMI (f) |
| 02-Jan | 0845 | IT | S&P Global Manufacturing PMI (f) |
| 02-Jan | 0850 | FR | S&P Global Manufacturing PMI (f) |
| 02-Jan | 0855 | DE | S&P Global Manufacturing PMI (f) |
| 02-Jan | 0900 | EU | S&P Global Manufacturing PMI (f) / M3 |
| 06-Jan | 0745 | FR | HICP (p) |
| 06-Jan | 0815 | ES | S&P Global Services / Composite PMI (f) |
| 06-Jan | 0845 | IT | S&P Global Services / Composite PMI (f) |
| 06-Jan | 0850 | FR | S&P Global Services / Composite PMI (f) |
| 06-Jan | 0855 | DE | S&P Global Services / Composite PMI (f) |
| 06-Jan | 0900 | DE | Regional CPIs |
| 06-Jan | 0900 | EU | S&P Global Services / Composite PMI (f) |
| 06-Jan | 1300 | DE | Germany CPI (p) |
