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JGB TECHS

(M2) Correction Extends

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Late Session Rebound

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(M2) Corrective Cycle Remains In Play

AUSSIE 3-YEAR TECHS

(M2) Gains Still Considered Corrective

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(M2) Corrective Bounce Extends

BUND TECHS
Fixed Income Technical Analysismarkets-real-timeBulletMarketsFixed Income
  • RES 4: 157.87 High Apr 7
  • RES 3: 157.15 50-day EMA
  • RES 2: 156.00 High Apr 28 and a key short-term resistance
  • RES 1: 155.33 High May 12
  • PRICE: 154.78 @ 04:54 BST May 13
  • SUP 1: 151.87/150.49 Low May 11 / Low May 9
  • SUP 2: 150.15 0.764 proj of the Mar 7 - 29 - Apr 4 price swing
  • SUP 3: 150.00 Psychological round number
  • SUP 4: 149.49 Low Jul 13 2015 (cont)

Trend signals in Bund futures are unchanged and the outlook remains bearish. This week’s gains are considered corrective. A fresh cycle low on May 9 reinforced the bearish condition and confirmed, once again, an extension of the bearish price sequence of lower lows and lower highs. MA studies remain in a bear mode. Attention is on 150.15 next, a Fibonacci projection. Firm trend resistance to watch is at 156.00, the Apr 28 high.

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  • RES 4: 157.87 High Apr 7
  • RES 3: 157.15 50-day EMA
  • RES 2: 156.00 High Apr 28 and a key short-term resistance
  • RES 1: 155.33 High May 12
  • PRICE: 154.78 @ 04:54 BST May 13
  • SUP 1: 151.87/150.49 Low May 11 / Low May 9
  • SUP 2: 150.15 0.764 proj of the Mar 7 - 29 - Apr 4 price swing
  • SUP 3: 150.00 Psychological round number
  • SUP 4: 149.49 Low Jul 13 2015 (cont)

Trend signals in Bund futures are unchanged and the outlook remains bearish. This week’s gains are considered corrective. A fresh cycle low on May 9 reinforced the bearish condition and confirmed, once again, an extension of the bearish price sequence of lower lows and lower highs. MA studies remain in a bear mode. Attention is on 150.15 next, a Fibonacci projection. Firm trend resistance to watch is at 156.00, the Apr 28 high.