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FOREX

FX exchange traded spreads

SILVER TECHS

Bears Pause For Breath

UK DATA

Services PMI 58.5

USD

Extending gains

HUNGARY

Retail Sales Rises By 5.7% In October

BUND TECHS
BUND TECHS: (Z17) Swing Target Gives Way, 160.49-50 The Next Target
*RES 4: 162.05 Sep 14 high
*RES 3: 161.82 Sep 15 high
*RES 2: 161.37/41 Sep 19, Sep 20 highs
*RES 1: 161.23 Hourly resistance
*PRICE: 161.06 @1448GMT                                   
*SUP 1: 160.66 Intraday low
*SUP 2: 160.49/50 50% Fibo of 157.55-163.43, Aug 16 low
*SUP 3: 160.05 1% volatility band
*SUP 4: 159.99 Aug 7 low
*COMMENTARY* The minor swing target of the recent 161.07-161.43 recovery at
160.85 has now given way, as we head towards the next support of note from
160.50-160.49. A low of 160.66 seen so far but while any intervening rallies are
capped by 161.12-161.23, then the immediate bias remains with the downside.
Above 161.23 and then things can improve, 161.37-161.41 the next barrier to
cross. Below 160.49 and not much evident until 160.05-159.99.