© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
CHINA PRESS

China Strives To Achieve Annual Growth Target-Xi

KRW

Spot USD/KRW Above 1300

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
Trending Top 5
Topics

(M2) Through Longer Term Support

JGB TECHS
Fixed Income Technical AnalysisBond Market Newsmarkets-real-timeBulletMarketsFixed Income
  • RES 3: 152.62 - High Jul 21 and the bull trigger
  • RES 2: 152.26 - High Dec 06 and 21 (cont)
  • RES 1: 151.26 - High Mar 4 (cont)
  • PRICE: 149.37 @ 15:56 GMT Mar 24
  • SUP 2: 149.31 - 2.0% Lower Bollinger Band
  • SUP 1: 149.28 - Low Mar 25
  • SUP 3: 149.11 - 0.5% 10-dma envelope

The downtrend in JGBs accelerated again Friday, with prices convincingly breaking below the longer-term support at the 61.8% Fib for the 2015 - 2020 rally at 149.65. The break here spells further losses toward 149.31 as well as vol band support at 149.11.

94 words

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.
  • RES 3: 152.62 - High Jul 21 and the bull trigger
  • RES 2: 152.26 - High Dec 06 and 21 (cont)
  • RES 1: 151.26 - High Mar 4 (cont)
  • PRICE: 149.37 @ 15:56 GMT Mar 24
  • SUP 2: 149.31 - 2.0% Lower Bollinger Band
  • SUP 1: 149.28 - Low Mar 25
  • SUP 3: 149.11 - 0.5% 10-dma envelope

The downtrend in JGBs accelerated again Friday, with prices convincingly breaking below the longer-term support at the 61.8% Fib for the 2015 - 2020 rally at 149.65. The break here spells further losses toward 149.31 as well as vol band support at 149.11.