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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
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(H1) Bullish Focus
- RES 4: 179.17 High Nov 4 and key resistance
- RES 3: 179.01 High Nov 5
- RES 2: 178.89 1.00 proj of Nov 11 - 30 rally from Dec 2 low
- RES 1: 178.77 High Dec 11
- PRICE: 178.28 @ 05:07 GMT Dec 16
- SUP 1: 177.82/77 20-day EMA / Low Dec 10 and key S/T support
- SUP 2: 177.36 Low Dec 7
- SUP 3: 177.15 Low Dec 4
- SUP 4: 176.63 Low Dec 2 and the near-term bear trigger
Bund futures are unchanged and maintain a positive tone trading close to recent highs. A bullish theme follows last week's climb and breach of 178.10, Nov 30 high. The break signals scope for an extension of the recovery that started Nov 11 and opens 178.89 next, a Fibonacci projection. On the downside, key support has been defined at 176.63, Dec 2 low. A break is required to reinstate a bearish theme. Initial firm support lies at 177.77.
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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.