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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

CABLE TECHS
CABLE TECHS: Offered
*RES 4: 1.3338 High Dec 17
*RES 3: 1.3281/84 61.8% of the Dec 13 - Dec 23 decline / Dec 31 high
*RES 2: 1.3212 High Jul 7
*RES 1: 1.3124 Jan 9 high
*PRICE: 1.2982 @ 16:15 GMT Jan 13
*SUP 1: 1.2961 Intraday low
*SUP 2: 1.2905 Low Dec 23 and key support
*SUP 3: 1.2824 Low Nov 22
*SUP 4: 1.2819 Trendline support drawn off the Sep 3 low
GBPUSD went from weak to weaker Monday and has cleared initial support at
1.3013, Jan 9 low. The near-term risk is still skewed to the downside following
the continued pullback that has unfolded since the Dec 31 high. A deeper
retracement opens 1.2905, Dec 23 low and a key support. Note, trendline support
drawn off the Sep 3 low intersects at 1.2819. Price needs to return above
1.3212, Jan 7 high to reinstate a bullish focus.