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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.
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Free AccessMNI: PBOC Net Drains CNY216 Bln via OMO Monday
MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29
(H9) Make Or Break *RES 4: 134.000.......>
BOBL TECHS: (H9) Make Or Break
*RES 4: 134.000 Channel top (continuation chart)
*RES 3: 133.500 Breakout target
*RES 2: 133.410 High May 29 (continuation chart)
*RES 1: 133.320 High Feb 8
*PRICE: 133.140 @ 04:56 GMT Feb 21
*SUP 1: 133.000/028 Feb 13 Low/21-dma
*SUP 2: 132.610 Low Jan 18
*SUP 3: 131.910 Low Dec 13
*SUP 4: 131.180 Low Nov 8 (continuation chart)
Bobl futures remain unable to take out their Feb 8 highs but prices remain stuck
in a tight range just below here. Bears target the 21-dma and the 133 level just
below it to regain the upper hand. Below here would shift the near term outlook
bearish and open the Jan 18 lows. The upside focus remains on the Feb 8 high at
133.320, above which would open the May 29 spike high at 133.410.
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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.