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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.
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Free AccessMNI: Japan Govt Keeps Economic Assessment, Ups Imports
MNI EUROPEAN OPEN: CAD, MXN Weaken On Tariff Threat, JPY Firms
(H0) Fresh Trend Low *RES 4: 134.510.....>
BOBL TECHS: (H0) Fresh Trend Low
*RES 4: 134.510 High Nov 28
*RES 3: 134.480 High Dec 4 and bull trigger
*RES 2: 134.390 High Dec 11
*RES 1: 133.970 Low Dec 12 and gap high
*PRICE: 133.870 @ 05:47 GMT Dec 13
*SUP 1: 133.770 Intraday low
*SUP 2: 133.509 1.618 projection of Nov 28 - Dec 3 decline from Dec 4 high
*SUP 3: 133.422 1.764 projection of Nov 28 - Dec 3 decline from Dec 4 high
*SUP 4: 133.280 2.000 projection of Nov 28 - Dec 3 decline from Dec 4 high
H0 Bobl is weaker having also sold off sharply over the past 24hrs. Futures have
today traded below the key support of 133.910, Dec 3 low to confirm a resumption
of the broader downtrend. With a bearish theme clearly in place once again,
scope is seen for weakness towards 133.509 next, a Fibonacci projection. Initial
resistance is at yesterday's low of 133.970 low which is also the top of a gap
created at today's open.
To read the full story
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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.