Trial now
GBPUSD TECHS

Bearish Risk Still Present

US TSYS

Modest Tail On 2Y Auction

EQUITIES

E-Mini S&P Extends Bounce to 100 Points

EURUSD TECHS

Needle Still Points South

Heading North Within The Channel.....>

EURO-YEN TECHS
EURO-YEN TECHS: Heading North Within The Channel
*RES 4: 124.40 Bull channel top drawn off the Sep 3 low
*RES 3: 123.75 High May 21, 2019
*RES 2: 123.36 High Jul 1, 2019
*RES 1: 122.76 High Jan 15
*PRICE: 122.68 @ 16:37 GMT Jan 15
*SUP 1: 121.58 Low Jan 13
*SUP 2: 121.13 Low Jan 9
*SUP 3: 120.71 Bull channel base drawn off the Sep 3 low
*SUP 4: 120.17 Low Jan 3, 8 and key support
EURJPY found some resistance Tuesday but the bullish outlook remains intact.
This follows last week's gains that saw key channel support remain intact,
despite a test below it between Jan 3 - Jan 8. The channel is drawn off the Sep
3 low and intersects at 120.71. The cross Tuesday probed 122.65, Dec 13 high. A
clear break would pave the way for strength towards 123.36, Jul 1 high and
124.45, the bull channel top. Support is at 121.58.