MNI BRIEF: China Consumption Can Continue Acceleration - NBS

MNI: China CFETS Yuan Index Up 0.40% In Week of Jun 14

MNI: PBOC Conducts CNY182 Bln Via 1Y MLF Mon; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1149 Mon; -1.41% Y/Y

CHINA PBOC CONDUCTS CNY4 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1149 MON VS 7.1151

Japan Apr Machine Orders -2.9% M/M

CHINA MAY INDUSTRIAL OUTPUT +5.6% Y/Y VS MEDIAN +5.9% Y/Y: NBS

MNI JAPAN APRIL CORE MACHINE ORDERS -2.9% M/M; MAR +2.9%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(H2) Testing The 20-Day EMA

BTP TECHS
  • RES 4: 143.46 50-day EMA
  • RES 3: 142.55 High Feb 4
  • RES 2: 141.14 High Jan 9
  • RES 1: 141.04 High Feb 24
  • PRICE: 140.20 @ Close Feb 25
  • SUP 1: 138.63/06 Low Feb 22 / 16 and the bear trigger
  • SUP 2: 137.52 Low May 18, 2020 (cont)
  • SUP 3: 136.86 Low May 13, 2020 (cont)
  • SUP 4: 136.60 2.0% 10-dma envelope

BTP futures remain in a downtrend, however, a short-term corrective cycle dominates following last week’s gains. Resistance at 140.33, Feb 18 high, was breached Thursday and this resulted in a print above the 20-day EMA at 140.81. This average represents a key short-term resistance level and a clear break would open 142.55, the Feb 4 high. On the downside, the bear trigger is unchanged at 138.06, Feb 16 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.