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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.
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Free AccessMNI UK Inflation Insight: October 2024
MNI UK Inflation Insight: October 2024
(U0) Focus Is On Key Resistance *RES.....>
BOBL TECHS: (U0) Focus Is On Key Resistance
*RES 4: 135.390 High May 26 (cont)
*RES 3: 135.150 50.0% retracement of the May 4 - Jun 10 decline (cont)
*RES 2: 135.080 High Jun 29 and the bull trigger
*RES 1: 135.040 High Jul 22
*PRICE: 134.920 @ 05:06 BST Jul 24
*SUP 1: 134.610/560 Low Jul 20 / Low Jul 13
*SUP 2: 134.510 Low Jul 2 and key support
*SUP 3: 134.435 50.0% retracement of the rally between Jun 5 - 29
*SUP 4: 134.410 Low Jun 17
Bobl futures found support Monday at 134.61 and has remained firmer overall this
week. Attention is on key resistance at 135.080, Jun 29 high where a break would
confirm a resumption of uptrend that has been in place since Jun 5. A breach
would open 135.340, May 18 high. On the downside, key support is at 134.560, Ju
13 low. Clearance of this level would concern bulls and also expose another key
support at 134.510, Jul 2 low.
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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.