MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

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

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

MNI: SWEDEN NOV UNEMPLOYMENT 7.4%

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) Watching Resistance

BTP TECHS
  • RES 4: 143.72 50-day EMA
  • RES 3: 142.55 High Feb 4
  • RES 2: 140.91/14 20-day EMA / High Jan 9
  • RES 1: 140.33 High Feb 18
  • PRICE: 139.101 @ Close Feb 23
  • SUP 1: 138.06 Low Feb 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: 136.52 2.0% 10-dma envelope

BTP futures remain in a downtrend and recent gains are considered corrective. However from a short-term perspective, it is possible that a stronger corrective bounce will result in an extension higher. Resistance to watch is at 140.33, Feb 18 high where a break would expose the 20-day EMA at 140.91. This average represents a key resistance level. On the downside, the bear trigger lies 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.