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OPTIONS

Expiries for Dec08 NY cut 1000ET (Source DTCC)

US EURODLR OPTIONS

Mid-2023 Downside Insurance

(U0) Cracks Support

BUND TECHS
  • RES 4: 176.95 High Aug 25
  • RES 3: 176.58 High AUg 27
  • RES 2: 176.36/43 50- and 20-day EMA
  • RES 1: 175.34 Intraday high
  • PRICE: 175.16 @ 04:51 BST Aug 28
  • SUP 1: 175.04 Low Jul 2
  • SUP 2: 174.80 Low Aug Jun 17
  • SUP 3: 174.73 Bear channel base drawn off the Aug 5 high
  • SUP 4: 174.65 61.8% retracement of the Jun - Aug rally

Bund futures maintain a softer tone following yesterday's volatile session. Futures have started the day on a weak note, trading lower and below former key support at 175.25, Aug 14 low. The break confirms a resumption of the downtrend that has been in place since early August. The focus is on weakness below 175.00 towards 174.65, a Fibonacci retracement. Resistance is at yesterday's high of 176.58.

MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com
MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com