REAL ESTATE: Inmobiliaria Colonial (COLSM: Baa1/BBB+): FY24

Feb-28 07:59

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Good results with Assets valuation accelerating and debt well-managed * EPRA Earnings 193m +12% wit...

Historical bullets

AUDUSD TECHS: Trend Needle Points South

Jan-29 07:59
  • RES 4: 0.6441 38.2% retracement of the Sep 30 - Jan 13 downleg  
  • RES 3: 0.6429 High Dec 12               
  • RES 2: 0.6384 High Dec 13  
  • RES 1: 0.6322/31 50-day EMA / High Jan 24
  • PRICE: 0.6237 @ 07:58 GMT Jan 29 
  • SUP 1: 0.6209 Low Jan 21     
  • SUP 3: 0.6165/31 Low Jan 17 / 13 and the bear trigger
  • SUP 3: 0.6100 Round number support
  • SUP 4: 0.6045 1.500 proj of the Sep 30 - Nov 6 - 7 price swing

The medium-term trend trend condition in AUDUSD is bearish and an important resistance at the 50-day EMA, at 0.6322, remains intact. The reversal lower from last week’s high suggests the possible end of the correction between Jan 13 - 24. A continuation lower would open 0.6131, the Jan 13 low and the bear trigger. On the upside, a clear breach of the 50-day average is required to signal scope for a stronger recovery.

GILTS: Opening Calls

Jan-29 07:56

Gilt calls, 92.35/92.40 range.

EQUITIES: Big focus on the Cash Open

Jan-29 07:55

Equity futures are unwinding a small part of the Post ASML earning spike, BIG focus on the Cash Open, since it can always drive multi assets, Govies and FX.

Tech will be watched, but luxury Goods could be heading the other way since LVHM missed expectations last night.

  • Calls: Estox 50: +0.89%, Dax: +0.42%, CAC: -0.14%, FTSE +0.12%, SMI +0.37%.