MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(M2) Remains Below Resistance For Now

GILT TECHS
  • RES 4: 125.04 1.236 proj of the Feb 16 - 18 - 23 price swing
  • RES 3: 124.47 1.00 proj of the Feb 16 - 18 - 23 price swing
  • RES 2: 124.00 Round number support
  • RES 1: 123.53 High Feb 18 and the near-term bull trigger
  • PRICE: 122.37 @ Close Feb 23
  • SUP 1: 122.04 Low Feb 23
  • SUP 2: 121.10 Low Feb 16 and the bear trigger
  • SUP 3: 121.00 Round number support
  • SUP 4: 120.00 Psychological handle

Gilt futures traded lower Tuesday. The medium-term trend condition remains down however there is still a near-term risk for a stronger corrective bounce. Initial resistance to watch is at 123.53, the Feb 18 high where a break would confirm a resumption of the recent recovery from the 121.10 low of Feb 16. This support level also represents a key short-term support and is the trigger for a resumption of the primary downtrend.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

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.