© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CORRECTED: MNI: Italy To Raise 2023 Fiscal Deficit Target

MNI China Daily Summary: Tuesday, September 12

MNI: PBOC Net Injects CNY195 Bln Tuesday via OMO

Greenback Trades On Surer Footing, USDJPY Back Above 147.00

US Treasury Auction Calendar

MNI: USDA: 2023/2024 CORN PRODUCTION EST 15.13B BSL

MNI BRIEF: Highlights From BOC Governor Macklem Speech

MNI BRIEF: Finance Minister Calls BOC Pause 'Welcome Relief'

MNI BRIEF: China Will Look To Belt & Road Amid Trade Tensions

(H18) 130.80 Resistance Keeps............>

BOBL TECHS 
                                            BOBL TECHS: (H18) 130.80 Resistance Keeps Immediate Bias Lower
                                          
                                            *RES 4: 131.12 Jan 24 low, now resistance
                                          
                                            *RES 3: 130.99/00 Feb 5 high, Jan 18 low
                                          
                                            *RES 2: 130.80 Hourly congestion Feb 5-6
                                          
                                            *RES 1: 130.69/71 Intraday, Feb 9 highs
                                          
                                            *PRICE: 130.62 @1540GMT
                                          
                                            *SUP 1: 130.29 Hourly support
                                          
                                            *SUP 2: 130.16 Feb 8 low
                                          
                                            *SUP 3: 130.10 38.2% Fibo of 122.34-134.89
                                          
                                            *SUP 4: 129.86 0.5% volatility band
                                          
                                            *COMMENTARY* The failure to move back above 130.80 last Friday, saw the
                                          
                                            immediate interest return lower, with hourly support from 130.29, now the
                                          
                                            protection to last week's 130.16 base. Below here and the 38.2% Fibo retrace
                                          
                                            level at 130.10 then becomes the next attraction, ahead of the lower 0.5%
                                          
                                            volatility band, at 129.86 by time today. Meanwhile 130.69-130.71 now forms an
                                          
                                            initial barrier to that 130.80 level.
Fixed Income Technical Analysis Markets Fixed Income News
Fixed Income Technical Analysis Markets Fixed Income News

To read the full story

Why Subscribe to

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.