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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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Free AccessMNI China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
(U18) Rally Extends *RES 3: 134.00.......>
BOBL TECHS: (U18) Rally Extends
*RES 3: 134.00 Measured move from triangle breakout
*RES 2: 132.970 High May 29
*RES 1: 132.660 Gap left on May 30
*PREVIOUS CLOSE: 132.350
*SUP 1: 132.050 Downtrend resistance now support
*SUP 2: 131.790 Low August 7
*SUP 3: 131.660 Low August 3
*SUP 4: 131.520 Hourly Low August 2
The Bobl added to its gain on Friday as bulls continue to target the intraday
gap left on May 30 and the May 29 peak at 132.970. The rally shows no sign of
ending any time soon and bears need to see a close back below
resistance-turned-support at 132.050 to shift the outlook back to neutral. A
close below the August 7 low of 121.790 is needed to give them a shot at
returning to the August 1 lows.
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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.