EURJPY TECHS: Retracement Mode

Aug-13 19:00

* RES 4: 186.05 Low Jul 28 * RES 3: 185.56 76.4% retracement of the Jul 23 - Aug 3 bear leg * RES 2:...

Historical bullets

AUSSIE 3-YEAR TECHS: (U6) Corrective Cycle In Play

Jul-14 18:58
  • RES 3: 96.064 - 61.8% retracement Oct ‘25 - Mar Downleg (cont) 
  • RES 2: 95.925 - High Jan 9 (cont) and a key resistance
  • RES 1: 95.671 - 38.2% retracement Oct ‘25 - Mar Downleg (cont)
  • PRICE: 95.520 @ 19:27 BST Jul 14
  • SUP 1: 95.414/365 - Trendline from the Mar 23 low / Low Jun 09
  • SUP 2: 95.195 - Low Apr 30
  • SUP 3: 94.631 - 1.0% 10-dma envelope

The uptrend in Aussie 3-yr futures that started Mar 23 remains intact and the latest pullback appears corrective. MA studies on the continuation chart are in a bull-mode position highlighting a dominant uptrend. An extension of the corrective cycle would open 95.414, a trendline support drawn from the Mar 23 low on the continuation chart. For bulls, a break of 95.671, 38.2% of the Oct’25 - Mar bear leg, would strengthen a bull theme.

IRAN: IRGC Responds to US Attacks with Kuwait Air Base Strike

Jul-14 18:55

IRGC SAYS IT TARGETED DRONE RAMP IN KUWAIT'S ALI AL SALEM AIR BASE, SAYS TODAY'S ATTACKS IN RESPONSE TO U.S. ATTACKS ON IRAN - [RTRS]

IRAN: IRGC Statements on Ongoing Tensions, Reuters

Jul-14 18:53
  • IRAN'S IRGC SAYS U.S. 'AGGRESSIONS' WILL HAVE NO RESULT OTHER THAN DELAYING THE OPENING OF HORMUZ STRAIT
  • IRAN'S IRGC SAYS AS LONG AS U.S. EVIL STAYS IN THE REGION, NOT A DROP OF OIL AND GAS WILL BE EXPORTED FROM THE REGION
  • IRAN'S IRGC SAY THEY TARGETED ENEMY WEAPONS AND PARTS STORAGES IN BAHRAIN AND KUWAIT