AMERICAS OIL: EIA Report Likely to Spark More Buying of ULSD Futures: OPIS
Feb-20 18:03
EIA Report Likely to Spark More Buying of ULSD Futures: OPIS * Tom Kloza writes that at 4.36 mb/d d...
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FED: US TSY 52W BILL AUCTION: HIGH 4.025%(ALLOT 78.32%)
Jan-21 18:02
- US TSY 52W BILL AUCTION: HIGH 4.025%(ALLOT 78.32%)
- US TSY 52W BILL AUCTION: DEALERS TAKE 29.46% OF COMPETITIVES
- US TSY 52W BILL AUCTION: DIRECTS TAKE 1.82% OF COMPETITIVES
- US TSY 52W BILL AUCTION: INDIRECTS TAKE 68.73% OF COMPETITIVES
- US TSY 52W AUCTION: BID/CVR 3.14
FED: US TSY 42D AUCTION: HIGH RATE 4.250%; 27.12% AT HIGH
Jan-21 18:02
- US TSY 42D AUCTION: HIGH RATE 4.250%; 27.12% AT HIGH
- US TSY 42D BILL AUCTION: DEALERS TAKE 31.27% OF COMPETITIVES
- US TSY 42D BILL AUCTION: DIRECTS TAKE 3.06% OF COMPETITIVES
- US TSY 42D BILL AUCTION: INDIRECTS TAKE 65.67% OF COMPETITIVES
- US TSY 42D AUCTION: BID/COVER 2.69
EURUSD TECHS: Pierces Trendline Resistance
Jan-21 18:00
- RES 4: 1.0630 High Dec 06
- RES 3: 1.0568 High Dec 10
- RES 2: 1.0461 50-day EMA
- RES 1: 1.0437 High Jan 6
- PRICE: 1.0400 @ 15:58 GMT Jan 21
- SUP 1: 1.0260/0178 Low Jan 15 / 13 and the bear trigger
- SUP 2: 1.0138 1.764 proj of the Sep 25 - Oct 23 - Nov 5 price swing
- SUP 3: 1.0097 2.0% 10-dma envelope
- SUP 4: 1.0031 2.000 proj of the Sep 25 - Oct 23 - Nov 5 price swing
The latest recovery in EURUSD appears corrective, however, the pair has breached the 20-day EMA, at 1.0346, and pierced trendline resistance at 1.0393, drawn from the Sep 30 ‘24 high. A clear breach of the line would expose the 50-day EMA at 1.0461. Clearance of this average would strengthen a bullish condition. Key support and the bear trigger is at 1.0178, the Jan 13 low. The medium-term trend condition remains bearish.
