FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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

(M3) Key Support Lies At The 20-Day EMA

GILT TECHS
  • RES 4: 108.00 Round number resistance
  • RES 3: 107.78 High Feb 2 and a key resistance (cont)
  • RES 2: 106.88 High Feb 6 (cont)
  • RES 1: 106.23 High Mar 15
  • PRICE: 105.08@ Close Mar 16
  • SUP 1: 104.12 Low Mar 16
  • SUP 2: 103.54 38.2% retracement of the entire rally from Feb 28
  • SUP 3: 103.12 Low Mar 15
  • SUP 4: 102.32 20-day EMA

Gilt futures remain volatile and the contract remains above 103.12, the Mar low. For now, the outlook is bullish and a resumption of gains would signal scope for a climb towards 106.88, the Feb 6 high on the continuation chart. On the downside, firm support is seen at the 20-day EMA, where a break would strengthen any developing bearish threat. The average intersects at 102.32.

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.