Free Trial

(H9) Feb 8 Highs Remain The Upside.......>

BUND TECHS
BUND TECHS: (H9) Feb 8 Highs Remain The Upside Target
*RES 4: 170.00 Resistance 
*RES 3: 168.42 High Sep 9 2016 (continuation chart) 
*RES 2: 167.00 Channel top (continuation chart) 
*RES 1: 166.83 High Feb 8 
*PRICE: 166.47 @ 04:55 GMT Feb 18 
*SUP 1: 165.58 21-dma 
*SUP 2: 163.84 Low Jan 18 
*SUP 3: 163.15 Low Dec 27 
*SUP 4: 162.51 Low Dec 13 (continuation chart) 
Bund futures remain within touching distance of the Feb 8 high at 166.83. Above
here would bring the channel top at 167.00 into focus ahead of a run at the Sep
2016 high at 168.42 on the continuation chart. Bears target the 21-dma at
165.58, a break below here would suggest a downside reversal towards the Jan 18
low at 163.84 ahead of the Dec 27 low at 163.15.

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.