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

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

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

(H2) Remains Vulnerable

SCHATZ TECHS
  • RES 4: 112.120 High Dec 27
  • RES 3: 112.080 High Jan 5
  • RES 2: 112.015/020 20-day EMA / High Jan 13 / 14
  • RES 1: 111.950 Congestion area between Jan 17 - 19
  • PRICE: 111.935 @ 05:40 GMT Jan 20
  • SUP 1: 111.890 Low Jan 19
  • SUP 2: 112.861 1.618 proj of the Nov 26 - Dec 16 - 20 price swing
  • SUP 3: 111.824 3.0% Lower Bollinger Band
  • SUP 4: 111.800 Round number support

Trend conditions in Schatz futures remain bearish. This week’s weakness has resulted in a break of support at 111.935, the Jan 11 low and bear trigger. The move confirms a resumption of the broader downtrend and maintains a bearish price sequence of lower lows and lower highs. Attention is on 111.890 next, a Fibonacci projection. On the upside, initial firm resistance is seen at 112.020, the Jan 13 / 14 high. A break is required to ease bearish pressure.

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.