SCHATZ TECHS: (H5) Bull Flag Price Pattern

Feb-12 06:27

* RES 4: 107.233 76.4% retracement of the Dec 2 - Jan 15 bear leg * RES 3: 107.170 High Dec 20 * RES...

Historical bullets

LOOK AHEAD: UK Timeline of Key Events (GMT Times)

Jan-13 06:23
DateUKPeriodEvent
14-Jan0830 BOE's Breeden speech on Financial Stability
15-Jan0700DecConsumer inflation report
15-Jan0700DecProducer Prices
15-Jan1630 BOE's Taylor Speech on Inflation Dynamics and Outlook
16-Jan0700NovGDP/ Trade/ Services/ Production/ Construction
17-Jan0700DecRetail Sales
21-Jan0700Nov/DecLabour Market Survey
22-Jan0001JanBrightmine pay deals for whole economy
22-Jan0700DecPublic Sector Finances
23-Jan1100JanCBI Industrial Trends
24-Jan0001JanGfk Monthly Consumer Confidence
24-Jan0930JanS&P Global Flash PMI
24-Jan1100JanCBI Distributive Trades
28-Jan0001JanBRC Monthly Shop Price Index
30-Jan0930DecBOE M4/ Lending to Individuals
03-Feb0930JanS&P Global/ CIPS UK Final Manufacturing PMI
05-Feb0930JanS&P Global/ CIPS UK Final Services PMI

BOBL TECHS: (H5) Trend Needle Points South

Jan-13 06:19
  • RES 4: 118.640 Low Dec 6        
  • RES 3: 118.520 High Dec 13   
  • RES 2: 117.696 20-day EMA 
  • RES 1: 117.090 High Jan 9                            
  • PRICE: 116.450 @ 06:01 GMT Jan 13  
  • SUP 1: 116.410 Intraday low               
  • SUP 2: 116.320 Low Jul 22 2024 (cont)  
  • SUP 3: 116.210 Low Jul 12 2024 (cont)
  • SUP 4: 115.980 Low Jul 11 ‘24 (cont)      

A bear cycle in Bobl futures remains intact and last week’s extension, reinforces the bearish set-up. Price has recently traded through key support at 117.180, the Nov 6 low. The clear break strengthens the current downtrend and sights are on 116.320 next, the Jul 22 2024 low (cont). Key short-term resistance is 117.696, the 20-day EMA. Gains would be considered corrective and allow an oversold condition to unwind.

LOOK AHEAD: Eurozone Timeline of Key Events (GMT Times)

Jan-13 06:18
DateTimeCountryEvent
13-Jan315EUECB's Lane in policy dialogue at Asian Financial Forum
14-Jan735EUECB's Lane speech on Europe, Asia and the Changing Globe
14-Jan900ITIndustrial Production
15-Jan315EUECB's Lane in fireside chat at GS global macro conference
15-Jan745FRHICP (f)
15-Jan800ESHICP (f)
15-Jan800EUECB's De Guindos at 15th Spain Investors Day
15-Jan1000EUIndustrial Production
16-Jan700DEHICP (f)
16-Jan900ITHICP (f)
16-Jan1000EUTrade Balance
16-Jan1230EUAccount of Dec 2024 ECB Monetary Policy Meeting
17-Jan900EUEZ Current Account
17-Jan1000EUHICP (f)
17-Jan1100EUECB's Cipollone lecture at Crypto Asset Lab conference