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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA OPEN: Early Geopol Risk Roils, Focus Turns To Fed
MNI ASIA MARKETS ANALYSIS: South Korea Rescinds Martial Law
(U1) Heading North
- RES 4: 135.350 High Apr 8 (cont)
- RES 3: 135.313 2.236 proj of the May 20 - 26 - 31 price swing
- RES 2: 135.160 2.00 proj of the May 20 - 26 - 31 price swing
- RES 1: 135.270 High Jul 26 and 27
- PRICE: 135.250 @ 05:20 BST Jul 28
- SUP 1: 134.900 Low Jul 22
- SUP 2: 134.726/710 20-day EMA / High Jul 8
- SUP 3: 134.498 50-day EMA
- SUP 4: 134.410 Low Jul 13 and a key support
Bobl futures are holding onto recent gains as a bullish theme continues to dominate. This follows the break on Jul 8 of a key short-term resistance at 134.510, Jun 11 high and a Fibonacci projection. The move higher confirmed a resumption of the uptrend from May 20 and subsequent gains reinforce the current bullish trend structure. The rising channel top drawn from the May 20 low has also been breached. Initial support lies at 134.900, Jul 22 high.
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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.