RENEWABLES: UK Morning Wind Forecast
See the latest UK renewables forecast for base-load hours for the next seven days. UK wind output is forecast to be on a general downward trend over 7-10 July before rebounding over 11-12 July.
UK: Wind for 5-12 July
- 5 July: 14.07GW
- 6 July: 9.60GW
- 7 July: 14.11GW
- 8 July: 6.17GW
- 9 July: 4.76GW
- 10 July: 2.61GW
- 11 July: 4.79GW
12 July: 6.53GW
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Historical bullets
GILTS: Opening calls
A tight Gilt call, 91.87/91.89.
EQUITIES: EU Cash opening calls
Estox 50: +0.41%, Dax: +0.61%, CAC: +0.35%, FTSE +0.20%, SMI +0.37%.
EURJPY TECHS: Support Remains Intact
- RES 4: 166.69 High Oct 31 2024 and a key resistance
- RES 3: 166.10 High Nov 6
- RES 2: 165.21/43 High May 13 and bull trigger / High Nov 8 2024
- RES 1: 164.26 High May 29
- PRICE: 163.75 @ 07:53 BST Jun 4
- SUP 1: 162.58/161.09 50-day EMA / Low May 23 and key support
- SUP 2: 160.99 Low Apr 22
- SUP 3: 160.01 50% Retracement Feb’25 - May’25 Upleg
- SUP 4: 159.48 Low Apr 9
A bullish theme in EURJPY remains intact. The latest recovery from the May 23 low, signals the end of the corrective pullback between May 13 - 23. If correct, the move higher also marks a resumption of the uptrend. Key short-term support lies at 161.09, the May 23 low, where a break is required to highlight a stronger reversal and suggest scope for a deeper correction. Sights are on 165.21, the May 13 high and bull trigger.
