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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(H19) Golden Cross *RES 3: 133.000.......>
BOBL TECHS: (H19) Golden Cross
*RES 3: 133.000 Resistance (continuation chart)
*RES 2: 132.610 High Aug 17 (continuation chart)
*RES 1: 132.570 High Dec 6
*PRICE: 132.160 @ 16:36 GMT Dec13
*SUP 1: 131.800 Low Nov 26
*SUP 2: 131.710 Low Nov 19
*SUP 3: 131.533 55-dma
Bobl futures stabilised somewhat Thursday, with the ECB press conference
providing some support which may get a further boost Friday should the dmas
confirm the formation of a golden cross as the 50-dma rises above the 200-dma.
For bears, the next downside target remains at the Nov 26 low at 131.800. To
reignite upside momentum bulls need to recover the 21-dma ahead of a run at the
Dec 6 highs at 132.570. Above here would open the Aug 17 highs at 132.610 on the
continuation chart.
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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.