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USDJPY TECHS

Bearish Threat Remains Present

EURGBP TECHS

Still Trading Closer To Recent Highs

UK

Timeline of key events (Times GMT)

EUROZONE

Timeline of key events (Times GMT)

BONDS

Tsys Off Asia Highs, JGBs & ACGBs Hold Onto Gains

GBPUSD TECHS

Consolidation Mode

Bears Need Close Below 21-WMA *RES...>

EURO-YEN TECHS
EURO-YEN TECHS: Bears Need Close Below 21-WMA
*RES 4: Y135.48 Hourly resistance Jan 8
*RES 3: Y135.11 Low Jan 8 now resistance
*RES 2: Y134.57 Hourly resistance Jan
*RES 1: Y134.39 Hourly support Dec 20 now resistance
*PRICE: Y133.74 @ 0530GMT
*SUP 1: Y132.80 21-WMA, 100-DMA 
*SUP 2: Y132.03 Monthly Low Dec 15 
*SUP 3: Y131.71 Low Nov 28 
*SUP 4: Y131.15 Monthly Low Nov 20
*COMMENTARY: The lack of topside follow through on recent 2018 highs took its
toll with a sell-off that leaves the pair looking a little heavy and flirting
with the 55-DMA (Y133.31) & bull channel base (Y133.26). Bears look for a close
below the 21-WMA to confirm focus on Y130.59-132.03 where monthly lows are
noted. Bulls continue to look for a close above Y135.11 to shift focus back to
2018 highs.