LOOK AHEAD: UK Timeline of Key Events (Times BST)

Oct-09 05:23
Date UK Period Event
09-Oct 2100 - BoE's Mann speaks at NABE
10-Oct 0001 Sep BRC-KPMG Shop Sales Monitor
10-Oct 1030 - BOE PFC minutes
12-Oct 0700 Aug GDP/ Services/ Production/ Trade / Construction
12-Oct 1000 - BoE's Pill speaks in Marrakesh
13-Oct 0900 - BoE's Bailey speaks at IIFA Meeting
13-Oct 1730 - BoE's Cunliffe speaks at IIFA Meeting
14-Oct 1600 - BoE's Bailey speaks at G30 Seminar
17-Oct 0700 Aug/Sep Labour Market Survey
18-Oct 0001 Sep XpertHR pay deals for whole economy
18-Oct 0700 Sep Consumer inflation report / Producer Prices
20-Oct 0001 Oct Gfk Monthly Consumer Confidence
20-Oct 0700 Sep Public Sector Finances/Retail Sales
23-Oct 1030 Oct BOE FPC Summary and Record
24-Oct 0930 Oct S&P Global Manufacturing/Services/Composite PMI flash
30-Oct 0930 Sep BOE M4/ Lending to Individuals
31-Oct 0001 Oct BRC Monthly Shop Price Index
31-Oct - Q3 BoE APF Q3 Report

Historical bullets

US TSY FUTURES: BLOCK, Late Dec'23 2Y Sale

Sep-08 23:04
  • -13,000 TUZ3 101-19.5, post-time bid at 1614:19ET, settled 101-20 (-2) appr DV01 $462,800.

USDCAD TECHS: Sights Are On Trendline Resistance

Sep-08 20:00
  • RES 4: 1.3805 High Mar 24
  • RES 3: 1.3730 1.0% 10-dma envelope
  • RES 2: 1.3722 Trendline resistance drawn from the Oct 13 2022 high
  • RES 1: 1.3695 High Sep 7
  • PRICE: 1.3621 @ 16:37 BST Sep 8
  • SUP 1: 1.3547/3490 20-day EMA / Low Sep 1
  • SUP 2: 1.3453 50-day EMA
  • SUP 3: 1.3352 Low Aug 7
  • SUP 4: 1.3266 Low Aug 2

The uptrend in USDCAD remains intact and the pair is trading just below this week’s high. Resistance at 1.3655, the May 26 high, has been cleared. The break exposes 1.3721, a trendline resistance drawn from the Oct 13 2022 high and represents a key resistance. On the downside, key support has been defined at 1.3490. A reversal lower and a breach of this support would signal a short-term top.

AUDUSD TECHS: Trend Signals Remain Bearish

Sep-08 19:30
  • RES 4: 0.6616 High Aug 16
  • RES 3: 0.6542 50-day EMA
  • RES 1: 0.6522 High Aug 30 and Sep 1
  • RES 2: 0.6456 20-day EMA
  • PRICE: 0.6389 @ 16:33 BST Sep 8
  • SUP 1: 0.6357 Low Sep 6
  • SUP 2: 0.6287 2.00 proj of the Jun 16 - Jun 29 - Jul 13 price swing
  • SUP 3: 0.6272 Low Nov 3 2022 and a key support
  • SUP 4: 0.6215 2.236 proj of the Jun 16 - Jun 29 - Jul 13 price swing

The AUDUSD trend condition remains bearish Friday’s gains are considered corrective. The move lower this week resulted in a print below key support and the bear trigger at 0.6365, the Aug 17 low. A clear break of this level would confirm a resumption of the downtrend and pave the way for weakness towards 0.6272, the Nov 3 2022 low. Key short-term resistance has been defined at 0.6522, the Aug 30 and Sep 1 high.