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US TSY OPTIONS

Feb 10Y Put Buying

US TSY FLOWS

US 30yr yield lowest since start of January

US EURODLR OPTIONS

Blue Dec Puts, Underlying Extends Inversion

CORN TECHS

(H2) Trend Condition Remains Bullish

S&P E-Minis Clear The Key 50-Day EMA

Probes Key Resistance

EURO-YEN TECHS
  • RES 4: 127.50 High Mar 1, 2019
  • RES 3: 126.95 0.764 proj of May 6 - Jun 5 rally from Jun 22 low
  • RES 2: 126.81 High Aug 17, 2019
  • RES 1: 126.77 Intraday high
  • PRICE: 126.37 @ 06:25 BST Aug 28
  • SUP 1: 125.11 20-day EMA
  • SUP 2: 124.44 Low Aug 21
  • SUP 3: 124.34 Low Aug 10/11 and key support
  • SUP 4: 123.84 Low Jul 31

EURJPY continues to trade above recent lows and overnight tested key resistance at 126.67, Aug 13 high touching a high of 126.77. A clear breach of 126.67 would confirm a resumption of the uptrend that has been in place since early May and open 126.95, a Fibonacci projection. Key support resides at 124.44, Aug 21 low and marks a pivot level. A breach would signal a reversal.

MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com
MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com