Free Trial

Rally Fades, But Strong Weekly Gains


Bears Threat Remains Present


Late SOFR/Treasury Option Roundup


St Louis Fed Director On Inflation, Growth


Needle Points North, Despite Friday Pullback

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

(M18) Fresh Fall Eyeing 130.57-130.51....>

BOBL TECHS: (M18) Fresh Fall Eyeing 130.57-130.51 Support Next
*RES 4: 131.17/18 Apr 12, Apr 13 highs
*RES 3: 131.07 Series hourly lows Apr 11-13, now resistance
*RES 2: 130.90/94 Apr 10, Apr 16 lows, now resistance
*RES 1: 130.79/86 Hourly resistance, Apr 20 high
*PRICE: 130.66 @1300GMT
*SUP 1: 130.57 38.2% Fibo of 129.36-131.31
*SUP 2: 130.51/54 Mar 19, Mar 21 lows
*SUP 3: 130.33/40 0.5% vol band, 61.8% Fibo of 129.84-131.31
*SUP 4: 130.19/21 76.4% Fibo of 129.84-131.31, Mar 9 low
*COMMENTARY* An attempt to rally again last Wednesday was thwarted by the Apr 10
high at 131.21, thereby not allowing another chance to retest the previous
131.30-131.31 highs. The subsequent slide has been swift, moving below previous
130.90-130.86 support. This suggests scope to see a further 130.57-130.40 fall,
as we correct gains, initially from the Mar 19 low at 130.51 and potentially the
Mar 8 low at 129.84. Resistance 130.79-130.86 and then 130.90-130.94.

To read the full story

Why Subscribe to


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.