Free Trial

Price Signal Summary - Trend Outlook In Bunds Remains Bearish

OUTLOOK
  • In the FI space, Bund futures remain in a clear downtrend and the extension lower last week, reinforces current conditions. The focus is on 135.27, the Mar 2012 low (cont). Gains are considered corrective. The primary trend direction in
  • Gilts remains bearish. A resumption of weakness would refocus attention on 90.99, the Sep 28 low and the bear trigger. Note that last Wednesday’s price pattern was a bullish engulfing candle. However, additional bullish price evidence is required to validate this signal and confirm a short-term reversal.

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.