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USDCAD TECHS

Fresh Lows Below 1.2062

AUDUSD TECHS

Extends This Week's Gains

JGB TECHS

(M1) Consolidating

EURJPY TECHS

Upside Extension Within Its Channel

US TSYS SUMMARY

Narrow Range Ahead April FOMC Minutes

Bullish Conditions Remain In Place

EUROSTOXX50 TECHS
  • RES 4: 3798.19 0.764 proj of Mar 16 - Jul 21 from Oct 29 low.
  • RES 3: 3762.35 High Feb 24
  • RES 2: 3668.70 High Feb 25
  • RES 1: 3657.83 High Jan 8
  • PRICE: 3590.97 @ 08:41 GMT Jan 18
  • SUP 1: 3524.63 Low Jan 5
  • SUP 2: 3491.11 50-day EMA
  • SUP 3: 3401.14 Low Dec 21 and a key support
  • SUP 4: 3396.02 High Sep 3

EUROSTOXX 50 remains bullish despite the Friday pullback. The index traded higher on Jan 8 to 3657.83. The extension of the climb from 3401.14 low, Dec 21 low reinforces current trend conditions. Furthermore, recent gains also confirm the continuation of a bullish price sequence of higher highs and higher lows. The focus is on 3668.70 next, Feb 25 high. On the downside, initial support is at 3524.63, the Jan 5 low. A break would signal a short-term reversal.