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Key Price Signal Summary - E-Mini S&P Bulls Close In On Key Resistance

MARKET INSIGHT
  • Gold remains vulnerable. The focus is on $1763.5, 50.0% of the Mar - Aug rally and $1747.6, Jun 26 low. Resistance is seen at $1818.3, Nov 26 low. Oil markets focus: Support to watch in Brent (G1) is $45.87, Nov 27 low and in WTI (F1) at $43.33, Nov 11 high and $42.82, Nov 24 low.
  • In the FX space, EURUSD remains positive and is closing in on this year's 1.2011 high from Sep 1. USDJPY key support lies at 103.18, Nov 11 low. Initial support is 103.65, Nov 18 low. Key EURGBP trendline resistance drawn off the Sep 11 high, intersects at 0.8990. The trendline capped gains Friday and Monday. It remains a pivotal resistance. The major monthly based resistance in Cable is 1.3372 (for December), a multi-year trendline drawn off the Nov 2007 high and is a key trend reference.
  • FI focus: Bund fut: are under pressure and have probed support at 174.96, Nov 25 low. A break would open 174.45, Nov 16 low. Gilts (H1) support lies at 134.07, Nov 26 low and 133.81, Nov 25 low. BTPs are lower, the next firm support is at 150.39, Nov 18 low. Treasuries (H1) resistance is at 138-09+, the 20-day EMA.
  • E-Mini S&P risk seeking bulls eye the key 3668.00 resistance, Nov 9 high. EUROSTOXX50 focus is on 3553.05, Feb 27 high.
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

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