MNI: EUROZONE DECEMBER CONSTRUCTION PMI 42.9 (NOV 42.7)

MNI China Press Digest Jan 7: CPI, New Loans, Local Bonds

MNI: PBOC Net Drains CNY150.6 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1879 Tues; -2.42% Y/Y

MNI China Daily Summary: Monday, January 6

MNI INTERVIEW2: China Central Gov Should Buy Unsold Houses

MNI: FRANCE DEC HICP +0.2% M/M, +1.8% Y/Y

MNI: SWISS DEC CPI -0.1% M/M, +0.6% Y/Y

MNI: AUSTRALIA NOV BUILDING APPROVALS -3.6% M/M, +3.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BOBL TECHS: (Z4) Bullish Tone 

BOBL TECHS
Fixed Income Technical AnalysisBundesbankCentral Bank NewsCEEMEAEurozoneGermanyBulletMarketsFixed Income Bullets
  • RES 4: 120.190 High Oct 3       
  • RES 3: 119.949 76.4% retracement of the Oct 1 - 31 bear leg      
  • RES 2: 119.620 High Oct 18     
  • RES 1: 119.640 High Nov 28                        
  • PRICE: 119.620 @ 05:41 GMT Nov 29  
  • SUP 1: 119.280/118.906 Low Nov 27 / 20-day EMA             
  • SUP 2: 118.150 Low Nov 14  
  • SUP 3: 118.680 Low Oct 31 and the bear trigger     
  • SUP 4: 117.570 2.00 proj of the Oct 18 - 22 - 24   

Bobl futures maintain a firmer tone and this week’s gains highlight an extension of the current cycle. The contract has recently breached both the 20- and 50-day EMAs and traded above 119.519, 61.8% of the Oct 1 - 31 bear leg. Clearance of this level strengthens a bullish theme and opens 119.949, the 76.4% retracement point. Initial firm support lies at 118.906, the 20-day EMA. 

141 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • RES 4: 120.190 High Oct 3       
  • RES 3: 119.949 76.4% retracement of the Oct 1 - 31 bear leg      
  • RES 2: 119.620 High Oct 18     
  • RES 1: 119.640 High Nov 28                        
  • PRICE: 119.620 @ 05:41 GMT Nov 29  
  • SUP 1: 119.280/118.906 Low Nov 27 / 20-day EMA             
  • SUP 2: 118.150 Low Nov 14  
  • SUP 3: 118.680 Low Oct 31 and the bear trigger     
  • SUP 4: 117.570 2.00 proj of the Oct 18 - 22 - 24   

Bobl futures maintain a firmer tone and this week’s gains highlight an extension of the current cycle. The contract has recently breached both the 20- and 50-day EMAs and traded above 119.519, 61.8% of the Oct 1 - 31 bear leg. Clearance of this level strengthens a bullish theme and opens 119.949, the 76.4% retracement point. Initial firm support lies at 118.906, the 20-day EMA.