FOREX: JPY Shoots to Top of G10 as GDPNow Squeezes Risk Appetite
Mar-28 14:49
* Fading risk appetite here is working in favour of JPY and EUR, and against AUD, NZD in recent tr...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
EQUITY TECHS: E-MINI S&P: (H5) Pierces Support
Feb-26 14:46
- RES 4: 6205.38 0.764 proj of the Jan 13 - 24 - Feb 3 price swing
- RES 3: 6200.00 Round number resistance
- RES 2: 6178.75 High Dec 6 and key resistance
- RES 1: 6069.41/6166.50 20-day EMA / High Jan 24
- PRICE: 5980.00 @ 14:35 GMT Feb 26
- SUP 1: 5924.00 Low Feb 25
- SUP 2: 5892.37 76.4% retracement of the Aug 5 - Dec 6 bull leg
- SUP 3: 5842.50 Low Jan 14
- SUP 4: 5809.00 Low Jan 13 and a reversal trigger
The latest move down in S&P E-Minis appears corrective, however, price has breached support at 6014.00, the Feb 10 low. This exposed a key support at 5935.50, the Feb 3 low, that was pierced on Tuesday. A clear break of it would allow for a deeper retracement. MA studies are in a bull-mode condition that suggests the trend direction remains up. A resumption of gains would refocus attention on key resistance at 6178.75, the Dec 6 ‘24 high.
US TSY FUTURES: BLOCK: June'25 5Y Sale
Feb-26 14:42
- -6,150 FVM5 107-15.25, post time bid at 0934:39ET, DV01 $271,000. The June 5Y contract trades 107-14.75 last (-1)
CROSS ASSET: Bitcoin and Gold have found some selling Interest
Feb-26 14:42
- There's been a sudden leg down in Metals, especially Gold and Silver, although not seen a clear new trigger, it comes along Bitcoin falling through Yesterday's low of $85,955.30.
- Bitcoin was over $3k down at one point but has recovered around $1k since.
- US Equities saw an initial sell off on the Cash open, but have lacked real momentum, Emini (ESH5) is still short of the Overnight printed low.
