MNI BRIEF: Brussels To Ease EU Fiscal Rules To Boost Defence

MNI China Daily Summary: Friday, February 14

MNI BRIEF: China Jan Yuan Loans, Financing Beat Expectations

MNI BRIEF: Brazil Outlook Demands 'Higher Doses Of Medicine'

CHINA JAN NEW LOANS CNY5.13 TRLN VS MEDIAN CNY4.53 TRL

MNI BRIEF: China Machinery Expects Stable Trade In 2025

BAKER HUGHES CANADA RIG COUNT 245; OIL RIGS 174; GAS RIGS 71

MNI: BAKER HUGHES US RIG COUNT 588; OIL RIGS 481; GAS RIGS 101

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

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

BOBL TECHS: (H5) Holding On To Its Recent Gains

BOBL TECHS
Fixed Income Technical AnalysisBundesbankCentral Bank NewsCEEMEAEurozoneGermanyBulletMarketsFixed Income Bullets
  • RES 4: 118.310 High Dec 20          
  • RES 3: 118.27 61.8% retracement of the Dec 2 - Jan 14 bear leg    
  • RES 2: 118.100 High Jan 2   
  • RES 1: 117.980 High Jan 3 / 5                              
  • PRICE: 117.780 @ 08:06 GMT Feb 11  
  • SUP 1: 117.583 50-day EMA                 
  • SUP 2: 117.373 20-day EMA 
  • SUP 3: 116.550 Low Jan 24  
  • SUP 4: 116.280 Low Jan 14 / 15 and a key support       

Bobl futures remain in a bull cycle and the contract is holding on to its recent gains. Last week’s climb reinforces current bullish conditions. The contract has traded through both the 20- and 50-day EMAs. A clear breach of 117.880, 50.0% of the Dec 2 - Jan 14 bear leg, would signal scope for an extension towards 118.258, the 61.8% retracement of the Dec 2 - Jan 14 bear leg. Initial support to watch lies at 117.373, the 20-day EMA.           

149 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: 118.310 High Dec 20          
  • RES 3: 118.27 61.8% retracement of the Dec 2 - Jan 14 bear leg    
  • RES 2: 118.100 High Jan 2   
  • RES 1: 117.980 High Jan 3 / 5                              
  • PRICE: 117.780 @ 08:06 GMT Feb 11  
  • SUP 1: 117.583 50-day EMA                 
  • SUP 2: 117.373 20-day EMA 
  • SUP 3: 116.550 Low Jan 24  
  • SUP 4: 116.280 Low Jan 14 / 15 and a key support       

Bobl futures remain in a bull cycle and the contract is holding on to its recent gains. Last week’s climb reinforces current bullish conditions. The contract has traded through both the 20- and 50-day EMAs. A clear breach of 117.880, 50.0% of the Dec 2 - Jan 14 bear leg, would signal scope for an extension towards 118.258, the 61.8% retracement of the Dec 2 - Jan 14 bear leg. Initial support to watch lies at 117.373, the 20-day EMA.