FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BUND TECHS: (Z4) Bear Threat Remains Present 

BUND TECHS
Fixed Income Technical AnalysisCredit BulletsBundesbankCentral Bank NewsCEEMEAEurozoneGermanyBulletGlobalFixed Income BulletsRegionMarkets
  • RES 4: 137.00 Round number resistance        
  • RES 3: 136.20 High Oct 1 and the bull trigger
  • RES 2: 135.24 High Oct 3
  • RES 1: 133.87/134.09 50- and 20-day EMA values                        
  • PRICE: 133.21 @ 05:09 BST Oct 14
  • SUP 1: 132.75 Low Oct 10
  • SUP 2  132.65 Low Sep 2 and a key support:                
  • SUP 3: 132.25 Low Jul 29
  • SUP 4: 131.66 Low Jul 26 

A bearish theme in Bund futures remains intact and price continues to trade below both the 20- and 50-day EMAs. Attention is on the next key support at 132.65, the Sep 2 low. Clearance of this level would strengthen a bearish theme and highlight a stronger reversal. Initial firm resistance is at 134.09, the 20-day EMA. A clear break of this average is required to signal a possible reversal.

129 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: 137.00 Round number resistance        
  • RES 3: 136.20 High Oct 1 and the bull trigger
  • RES 2: 135.24 High Oct 3
  • RES 1: 133.87/134.09 50- and 20-day EMA values                        
  • PRICE: 133.21 @ 05:09 BST Oct 14
  • SUP 1: 132.75 Low Oct 10
  • SUP 2  132.65 Low Sep 2 and a key support:                
  • SUP 3: 132.25 Low Jul 29
  • SUP 4: 131.66 Low Jul 26 

A bearish theme in Bund futures remains intact and price continues to trade below both the 20- and 50-day EMAs. Attention is on the next key support at 132.65, the Sep 2 low. Clearance of this level would strengthen a bearish theme and highlight a stronger reversal. Initial firm resistance is at 134.09, the 20-day EMA. A clear break of this average is required to signal a possible reversal.