MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

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

(H4) Bearish Trend Condition

BOBL TECHS
  • RES 4: 119.228 76.4% retracement of the Dec 27 - Jan 25 bear leg
  • RES 3: 119.000 Round number resistance
  • RES 2: 118.856 61.8% retracement of the Dec 27 - Jan 25 bear leg
  • RES 1: 117.760/118.660 20-day EMA / High Jan 31
  • PRICE: 117.050 @ 08:16 GMT Feb 12
  • SUP 1: 116.830 Low Nov 29
  • SUP 2: 116.390 Low Nov 28
  • SUP 3: 116.110 1.00 proj of the Dec 27 - Jan 25 - Feb 1 price swing
  • SUP 4: 115.820 Low Nov 24

A bearish cycle in Bobl futures remains intact and last week’s bearish extension reinforces current conditions. The move lower resulted in a breach of key support and a bear trigger at 117.280, the Jan 25 low. The clear break confirms a resumption of the bear cycle that started Dec 27 and opens 116.830, the Nov 29 low. On the upside, key short-term resistance has been defined at 118.660, the Jan 31 high. A break would be a bullish development.

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.