MNI BRIEF: German Economy "Treading Water", Prices Stable -Ifo

MNI BRIEF: China To Release Childcare Subsidies, Boost Income

MNI: ITALY FEB HICP 0.1% M/M, 1.7% Y/Y

MNI BRIEF: PBOC Mulls New Tools Targeting Consumption

MNI BRIEF: China House Prices Up In February

MNI BRIEF: China Data Shows Good Foundation Despite Issues

MNI: US JAN BUSINESS INVENTORIES +0.3%; SALES -0.8%

MNI: US NAHB HOUSING MARKET INDEX 39 IN MAR

MNI:US FEB RETAIL SALES +0.2%; EX-MOTOR VEH +0.3%

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

GILT TECHS: (H5) Finds Support

GILT TECHS
Fixed Income Technical AnalysisCEEMEABulletUKMarketsFixed Income Bullets
  • RES 4: 95.57 High Dec 11 ‘24 
  • RES 3: 95.11 High Dec 12 ‘24   
  • RES 2: 94.75 76.4% retracement of the Dec 3 - Jan 13 bear leg
  • RES 1: 94.35 High Feb 6 and the bull trigger                  
  • PRICE: 93.37 @ Close Feb 14
  • SUP 1: 92.31 Low Feb 12                                 
  • SUP 2: 91.96/91.52 Low Jan 29 / 24
  • SUP 3: 91.10 Low Jan 20
  • SUP 4: 89.68/88.96 Low Jan 15 / 13 and the bear trigger

A bull cycle in Gilt futures remains in play and the latest pullback appears corrective. Thursday’ gains are a positive development. The contract has recently traded through 93.09, the Dec 20 high, and breached 93.64, the 61.8% retracement of the Dec 3 - Jan 13 bear leg. Sights are on the 94.75, the 76.4% retracement. Initial support at 92.31, the Feb 12 low. The next firm support to watch lies at 91.52, the Jan 24 low.

147 words

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.
  • RES 4: 95.57 High Dec 11 ‘24 
  • RES 3: 95.11 High Dec 12 ‘24   
  • RES 2: 94.75 76.4% retracement of the Dec 3 - Jan 13 bear leg
  • RES 1: 94.35 High Feb 6 and the bull trigger                  
  • PRICE: 93.37 @ Close Feb 14
  • SUP 1: 92.31 Low Feb 12                                 
  • SUP 2: 91.96/91.52 Low Jan 29 / 24
  • SUP 3: 91.10 Low Jan 20
  • SUP 4: 89.68/88.96 Low Jan 15 / 13 and the bear trigger

A bull cycle in Gilt futures remains in play and the latest pullback appears corrective. Thursday’ gains are a positive development. The contract has recently traded through 93.09, the Dec 20 high, and breached 93.64, the 61.8% retracement of the Dec 3 - Jan 13 bear leg. Sights are on the 94.75, the 76.4% retracement. Initial support at 92.31, the Feb 12 low. The next firm support to watch lies at 91.52, the Jan 24 low.