DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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

(H2) Clears Resistance

GILT TECHS
  • RES 4: 127.69 High Sep 3
  • RES 3: 127.36 High Sep 7
  • RES 2: 127.00 Round number resistance
  • RES 1: 126.56 High Nov 26
  • PRICE: 126.50 @ Close GMT Nov 26
  • SUP 1: 125.44 Low Nov 26 and gap high
  • SUP 2: 124.94 High Nov 25 and gao low
  • SUP 3: 124.48 Low Nov 25
  • SUP 4: 124.17 Low Nov 24 and key support

Gilt futures rallied Friday and the contract gapped higher at the open. This price action negates recent bearish concerns and resistance at 125.96, Nov 22 high and the key short -term hurdle at 126.23, Nov 9 high have been breached. The clear break strengthens the near-term outlook for bulls and opens the 127.00 handle. On the downside, key short-term support has been defined at 124.17, Nov 24 low.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed 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.