Free Trial
USDCAD TECHS

Heading South

AUDUSD TECHS

Northbound

EURJPY TECHS

Breaches Key Short-Term Support

US TSYS

Late SOFR/Treasury Option Trade

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
BOBL TECHS
BOBL TECHS: (M18) Rally Falters Ahead Of 15 Month Resistance Line
*RES 4: 131.67 0.5% volatility band
*RES 3: 131.63 1.618 swing of 131.25-130.64
*RES 2: 131.43/46 May 21 high,15 month falling resistance line
*RES 1: 131.33 Hourly resistance
*PRICE: 131.21 @1513GMT
*SUP 1: 131.11 Intraday low
*SUP 2: 131.08 Hourly base May 18
*SUP 3: 131.00/01 May 16, May 17 highs, now support
*SUP 4: 130.90 Initial rally high May 18, now support
*COMMENTARY* Having surpassed the Apr 3 high at 131.31, Monday's rally faltered
at 131.43, just below the 15 month falling resistance line at 131.46. Some
overbought conditions then warranting a pullback. This sees 131.17 support under
pressure, although stronger levels are currently visible from between
131.08-131.00. Loss of the latter would caution now. Meanwhile, 131.33 stands in
the way of a fresh attempt higher.

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.