Free Trial
US STOCKS

Late Equity Roundup: Mildly Lower on Week

USDCAD TECHS

Remains Above The 50-Day EMA

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

(M1) Remains Vulnerable

GILT TECHS
  • RES 4: 129.75 High Feb 19
  • RES 3: 129.27 High Mar 2 and the reversal trigger
  • RES 2: 128.93 High Mar 25
  • RES 1: 128.25 20-day EMA
  • PRICE: 128.07 @ Close Apr 1
  • SUP 1: 127.32 Low Apr 1
  • SUP 2: 126.79 Low Mar 18 and the bear trigger
  • SUP 3: 126.55 Low Apr 17, 2019 (cont)
  • SUP 4: 126.00 Round number support

Despite Thursday's gains, Gilt futures maintain a softer tone. This follows the recent pullback from the Mar 25 high and attention remains on key support at 126.79, Mar 18 low. From a trend perspective, the primary direction is down - the trigger for a resumption of the trend is 126.79. On the upside, initial firm resistance has been defined at 128.93, Mar 25 high. A break would expose the key hurdle for bulls at 129.27, Mar 2 high.

MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com
MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.