FED: US TSY 20Y BOND AUCTION: NON-COMP BIDS $99 MLN FROM $16.000 BLN TOTAL

Nov-19 17:45
  • US TSY 20Y BOND AUCTION: NON-COMP BIDS $99 MLN FROM $16.000 BLN TOTAL

Historical bullets

US TSY OPTIONS: Nov'25 30Y Broken Put Flys

Oct-20 17:40
  • 1,560 USX5 116.5/117/118 broken put flys ref 118-24
  • 6,000 TUZ5 104.25 puts, ref 104-13.75 earlier

US: FED Reverse Repo Operation

Oct-20 17:37

RRP usage rebounds to $5.931B with 9 counterparties this afternoon from $4.102B Friday. Compares to $3,516B on Tuesday, Oct 13 (lowest level since early April 2021) & this year's high usage of $460.731B on June 30.

reverse repo 10202025

GBPUSD TECHS: Has Pierced The 50-Day EMA

Oct-20 17:30
  • RES 4: 1.3613 76.4% retracement of the Sep 17 - Oct 14 bear leg    
  • RES 3: 1.3544 61.8% retracement of the Sep 17 - Oct 14 bear leg 
  • RES 2: 1.3527 High Oct 1 and a pivot level
  • RES 1: 1.3487 50.0% retracement of the Sep 17 - Oct 14 bear leg 
  • PRICE: 1.3419 @ 17:11 BST Oct 20
  • SUP 1: 1.3317/3249 Low Oct 15 / 14 and the bear trigger
  • SUP 2: 1.3220 0.764 proj of the Sep 17 - 25 - Oct 1 price swing 
  • SUP 3: 1.3142 Low Aug 1 and a key support
  • SUP 4: 1.3041 Low Apr 14           

A short-term bear condition in GBPUSD remains intact and for now, the latest recovery appears corrective. However, the pair is holding on to its latest gains and note that price has pierced resistance at the 50-day EMA, at 1.3450. A clear break of this average would highlight a stronger reversal and expose resistance at 1.3527, the Oct 1 high and pivot level. Clearance of this hurdle would be bullish. Key support and the bear trigger is 1.3249, the Oct 14 low.