E-MINI S&P TECHS: Z6) Bullish Trend Structure

Oct-23 07:01

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* RES 4: 7955.94 1.618 proj of the Jun 11 - 15 - Jul 29 price swing * RES 3: 7914.38 1.500 proj of t...

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EURJPY TECHS: Has Pierced The 20-Day EMA

Sep-23 06:58
  • RES 4: 184.09 61.8% retracement of the Aug 21 - Sep 14 bear leg 
  • RES 3: 182.56 50-day EMA
  • RES 2: 181.93 50.0% retracement of the Aug 21 - Sep 14 bear leg  
  • RES 1: 181.55 High Sep 18 
  • PRICE: 180.15 @ 07:57 BST Sep 23
  • SUP 1: 178.94/177.85 Low Sep 18 / Low Sep 14 and bear trigger
  • SUP 2: 177.15 Low Nov 10 2025 
  • SUP 3: 176.01 1.236 proj of the Jul 29 - Aug 3 - 21 price swing  
  • SUP 4: 175.29 38.2% retracement of the Feb 28 ‘25  - Apr 17 bull leg    

EURJPY is holding on to the bulk of its recent gains. Despite the move higher - a correction - a bearish trend theme remains intact. However, the latest climb has delivered a print above 180.87, the 20-day EMA. A clear break of this hurdle would signal scope for a stronger recovery, potentially towards the 50-day EMA, at 182.56. MA studies are in a bear-mode position, highlighting a dominant downtrend. The bear trigger lies at 177.85, the Sep 14 low.

EURIBOR OPTIONS: Mid Curve Call Fly

Sep-23 06:56

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EQUITIES: EU Cash Opening Calls

Sep-23 06:55

Estox 50: +0.70%, Dax: +0.71%, CAC: +0.53%, FTSE +0.72%, SMI +0.42%.