Trial now
EURUSD TECHS

Consolidating

EUROSTOXX50 TECHS

(M1) Approaching Key Support

BTP TECHS

(M1) Downtrend Extends

GILT TECHS

(M1) Key Support Zone Exposed

SCHATZ TECHS

(M1) Clears Congestion Support

BOBL TECHS

(M1) Bearish Activity Resumed

EURO-YEN TECHS
EURO-YEN TECHS: Y129.73-Y129.77 Now The Key Near Term Resistance Area
*RES 4: Y130.35/40 1% volatility band, Aug 16 high
*RES 3: Y129.94 61.8% Fibo of Y131.41-Y127.56
*RES 2: Y129.73 76.4% Fibo of Y130.40-Y127.56
*RES 1: Y129.49/51 50% Fibo of Y131.41-Y127.56, intraday high
*PRICE: Y129.36 @0842GMT
*SUP 1: Y128.70/75 Hourly support
*SUP 2: Y128.33 Aug 22 low
*SUP 3: Y127.76/84 1% volatility band, Aug 21 low
*SUP 4: Y127.56 Aug 18 low
*COMMENTARY* The lower 1% volatility band has provided a prop over the last few
days and indeed allowed a recovery. This has now reached Y126.51, so far just
short of the more important Y129.73-Y129.77 area. Will need to see gains back
through here, before the overall focus can return to the topside. Meanwhile,
Y128.75-Y128.33 provides support and also protects that lower volatility band
again.