Trial now
BTP TECHS

(M1) Testing Key Support

GILT TECHS

(M1) Downtrend Remains Intact

SCHATZ TECHS

(M1) Bearish Theme

BOBL TECHS

(M1) Bearish Risk Remains Present

BUND TECHS

(M1) Remains Below Resistance At 172.12

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 132.36 1.382 proj of the Jun - Sep - Oct 2020 price swing
  • RES 3: 131.22 1.236 proj of the Jun - Sep - Oct 2020 price swing
  • RES 2: 131.04 1.0% 10-dma envelope
  • RES 1: 130.69 High Apr 7 and the bull trigger
  • PRICE: 129.71 @ 13:59 GMT Apr 9
  • SUP 1: 129.57/13 Intraday low / Low Mar 30
  • SUP 2: 128.71/68 50-day EMA / Trendline drawn off Oct 30, 2020 low
  • SUP 3: 127.50 Low Feb 22
  • SUP 4: 127.31 Low Feb 17

EURJPY is under pressure and trading below 130.00 as the Yen rallies. The cross is testing the 20-day EMA at 129.62, a clear break of this area of support would suggest scope for a deeper pullback. This would once again expose support highlighted by the 50-day EMA at 128.71 and trendline support at 128.68, drawn off the Oct 30, 2020 low. A break of this zone would signal a reversal. The trigger for a resumption of the uptrend is 130.69.