MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

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

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

MNI: US NOV IMPORT PRICES +0.1%

MNI: CANADA Q3 INDUSTRIAL CAPACITY UTILIZATION RATE 79.3%

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

(H18) Falls Toward Two Fibo Retrace......>

BUND TECHS
BUND TECHS: (H18) Falls Toward Two Fibo Retrace Levels From 158.58-158.55
*RES 4: 160.32/36 Jan 24, Jan 26 lows, now resistance
*RES 3: 160.03/11 Hourly high Jan 26, Jan 12 low
*RES 2: 159.66/74 Jan 25, Jan 26 lows 
*RES 1: 159.30 Hourly resistance
*PRICE: 158.79 @1640GMT
*SUP 1: 158.66 Intraday low
*SUP 2: 158.58 76.4% Fibo of 156.97-163.78
*SUP 3: 158.55 50% Fibo of 148.23-168.86
*SUP 4: 158.05 1.618 swing of 160.24-163.78
*COMMENTARY* Opened lower today, support from 159.57-159.44 has given way as has
the 6 week bear channel base and lower 1% volatility band between 158.95-158.73.
A base of 158.66 so far and we are even more heavily oversold as a result. Next
supports of note come from two Fibo retrace levels, the 76.4% at 158.58 and the
longer term 50% at 158.55. Meanwhile, resistance comes from below 159.30, back
above needed to start repairing some of those oversold conditions.
MarketsFixed Income Bullets
MarketsFixed Income Bullets

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.