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JGBS

Bland 5-Year Auction

IDR

Consumer Confidence Data Take Focus

JGBS AUCTION

The Japanese MOF sells Y2.0327tn 5-Year JGBs:

JGBS AUCTION

The Japanese MOF sells Y2.8069tn 6-Month Bills:

CNH

Inflation Data Under Scrutiny

OIL

Crude Registers Fresh Highs For The Week

Eyeing The 4000.00 Handle

EUROSTOXX50 TECHS
  • RES 4: 4110.24 High Jan 18, 2008
  • RES 3: 4047.72 2.236 proj of Dec 21 - Jan 8 rally from Jan 28 low
  • RES 2: 4000.00 Psychological round number
  • RES 1: 3988.10 High Apr 7
  • PRICE: 3977.83 @ Close Apr 8
  • SUP 1: 3950.18 Low Apr 6
  • SUP 2: 3910.90 Low Mar 31
  • SUP 3: 3874.22 20-day EMA
  • SUP 4: 3841.46 Low Mar 26

EUROSTOXX 50 registered a fresh trend high Wednesday and maintains a firmer tone. The recovery from 3784.09, Mar 25 low, confirmed a resumption of the uptrend, extending the bullish price sequence of higher highs and higher lows. Attention is on the psychological 4000.00 handle next. On the downside, key trend support is at 3784.09. A break is required to signal a potential short-term top. Bullish!