Trial now
JPY

Market Sentiment Provides Key Driver

JAPAN DATA

Japan Oct Household Spending Down 0.6% y/y

US TSYS

Incrementally Firmer Early On

NZD

Kiwi Kept In Check Despite Risk-On Impulse

JGB TECHS

(Z1) Strong Weekly Close

CABLE TECHS
CABLE TECHS: $1.3857 Resistance Remains Key Today
*RES 4: $1.4069 High Feb 26 
*RES 3: $1.3997 High Feb 27 
*RES 2: $1.3940 Hourly resistance Feb 27 
*RES 1: $1.3857 Low Feb 22 now resistance
*PRICE: $1.3792 @ 0530GMT
*SUP 1: $1.3754 Hourly support Mar 1 
*SUP 2: $1.3710 Low Mar 1 
*SUP 3: $1.3657 Monthly High Sept 20 now support 
*SUP 4: $1.3613 High Jan 3 now support
*COMMENTARY: The sell-off that followed Tuesday's rejection above the 21-DMA
($1.3915) resulted in fresh 2mth lows Thursday although follow through has been
lacking courtesy of the Bollinger band base ($1.3738). The $1.3857 resistance
remains key with bulls needing a close above to gain breathing room and above
$1.3940 to shift focus back to $1.4150. While $1.3857 caps bears focus on the
$1.3558-1.3612 region.