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Late SOFR/Eurodollar/Treasury Option Roundup

EURJPY TECHS

Holding On To Its Recent Gains

USDJPY TECHS

Trend Outlook Remains Bearish

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(H3) Outlook Remains Bullish

GILT TECHS
  • RES 4: 107.06 High Nov 24 and key resistance
  • RES 3: 106.23 High Dec 9
  • RES 2: 106.18 High Dec 12
  • RES 1: 106.00 Round number resistance
  • PRICE: 105.17 @ Close Jan 25
  • SUP 1: 103.69 20-day EMA
  • SUP 2: 103.21/102.78 Low Jan 17 and key S/T support / High Jan 6
  • SUP 3: 102.19/101.40 Low Jan 11 / 10
  • SUP 4: 99.97 Low Jan 3

Gilt futures remain in an uptrend and the contract pierced resistance yesterday at 105.71, the Jan 18 high. Trend highs confirm a resumption of the short-term uptrend. The move signals potential for a climb towards 107.06, the Nov 24 high and a key resistance. The first objective is the 106.00 handle. On the downside, initial firm support has been defined at 103.21, the Jan 17 low. A break would threaten the recent recovery.

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  • RES 4: 107.06 High Nov 24 and key resistance
  • RES 3: 106.23 High Dec 9
  • RES 2: 106.18 High Dec 12
  • RES 1: 106.00 Round number resistance
  • PRICE: 105.17 @ Close Jan 25
  • SUP 1: 103.69 20-day EMA
  • SUP 2: 103.21/102.78 Low Jan 17 and key S/T support / High Jan 6
  • SUP 3: 102.19/101.40 Low Jan 11 / 10
  • SUP 4: 99.97 Low Jan 3

Gilt futures remain in an uptrend and the contract pierced resistance yesterday at 105.71, the Jan 18 high. Trend highs confirm a resumption of the short-term uptrend. The move signals potential for a climb towards 107.06, the Nov 24 high and a key resistance. The first objective is the 106.00 handle. On the downside, initial firm support has been defined at 103.21, the Jan 17 low. A break would threaten the recent recovery.