Trial now
CORN TECHS

(H2) Still Looking For Gains

BOE APF PURCHASES

GBP1.147bln of long-dated gilts with offer-to-cover of 1.83x

SOY TECHS

(F2) Holding Onto Most Of Its Gains

US TSY OPTIONS

Early Trade, 2Y Put Sale

PIPELINE

Issuers Cuing Up, Dec'21 to Eclipse Dec'20

Pullback Continues, Testing 5........>

EURO-YEN TECHS
EURO-YEN TECHS: Pullback Continues, Testing 5 Month Rising Support Line
*RES 4: Y134.85 Hourly congestion Jan 9
*RES 3: Y134.56 Jan 10 high
*RES 2: Y134.20 Jan 10 hourly recovery highs
*RES 1: Y133.91/05 Initial intraday low, Jan 9 low
*PRICE: Y133.40 @1010GMT
*SUP 1: Y133.05/13 5 month s/line, 76.4% of Y132.05-Y136.64
*SUP 2: Y132.46 76.4% Fibo of Y131.17-Y136.64
*SUP 3: Y132.32 4 month bear channel base, 2% vol band
*SUP 4: Y132.05 Dec 15 low
*COMMENTARY* The fall from last Friday's Y136.64 high continues, losing support
from the lower 1% volatility band, which is at 133.68 today. This brings into
focus Y133.13-Y133.05 as the next potential downside target area. This a
combination of a further Fibo retrace level and the 5 month rising support line.
Lose here and then not much ahead of Y132.46-Y132.32. In the meantime, look to
Y133.91-Y134.05 for resistance but back above Y134.20 likely needed for respite.