RENEWABLES: UK Morning Wind Forecast

Jun-04 07:01

See the latest UK renewables forecast for base-load hours for the next seven days. UK wind is expected to be the highest on 9 June at a 40% load factor and the lowest on 11 June at a 18% load factor.

UK: Wind for 5- 12 June

  • 5 June: 9.91GW
  • 6 June: 6.30GW
  • 7 June: 7.27GW
  • 8 June: 11.02GW
  • 9 June: 11.62GW
  • 10 June: 9.71GW
  • 11 June: 5.20GW
  • 12 June: 9.21GW

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Historical bullets

USDCAD TECHS: New Cycle Low

May-05 07:00
  • RES 4: 1.4415 High Apr 1
  • RES 3: 1.4296 High Apr 7 
  • RES 2: 1.4076 50-day EMA 
  • RES 1: 1.3923 20-day EMA  
  • PRICE: 1.3813 @ 08:00 BST May 5
  • SUP 1: 1.3760 Low Apr 21 and the bear trigger 
  • SUP 2: 1.3744 76.4% retracement of Sep 25 ‘24 - Feb 3 bull run
  • SUP 3: 1.3696 Low Oct 10 2024
  • SUP 4: 1.3643 Low Oct 9 ‘24 

The trend needle in USDCAD continues to point south. A fresh cycle low on Friday reinforces the bearish theme signalling scope for a continuation, near-term. Potential is seen for a move towards 1.3744, a Fibonacci retracement. Moving average studies are in a bear mode position, highlighting a dominant downtrend. First resistance to watch is 1.3923, the 20-day EMA.

MNI: TURKEY APR CPI +3% M/M

May-05 07:00
  • MNI: TURKEY APR CPI +3% M/M

EQUITIES: EU Cash Opening calls

May-05 06:56
  • EU Cash opening calls: Estox 50: -0.13%, Dax: +0.27%, CAC: -0.13%, FTSE +0.12%, SMI +0.14%.
  • No Gilt calls Today, given UK Markets closed.