MNI: PBOC Injects Net CNY148 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0950 Fri; -4.70% Y/Y

CHINA PBOC INJECTS CNY150 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.0950 FRI VS 7.0948

MNI BRIEF: Size Of June Cut Still Undecided -BCB's Campos Neto

MNI China Daily Summary: Thursday, March 28

Japan Tokyo Mar Core CPI +2.6% Y/Y

MNI JAPAN FEB RETAIL SALES +4.6% Y/Y; JAN +2.1%

MNI JAPAN FEB INDUSTRIAL OUTPUT -0.1% M/M; JAN -6.7%

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(U2) Challenges Key Short-Term Resistance

BOBL TECHS
  • RES 4: 127.940 1.50 projection of the Jun 16 -24 - 28 price swing
  • RES 3: 127.160 High May 12
  • RES 2: 126.879 1.236 projection of the Jun 16 -24 - 28 price swing
  • RES 1: 126.860 High Jul 22
  • PRICE: 126.350 @ 05:20 BST Jul 25
  • SUP 1: 125.043 20-day EMA
  • SUP 2: 124.030 Low Jul 21 and a reversal trigger
  • SUP 3: 123.010 Low Jun 30
  • SUP 4: 121.910 Low Jun 28 and a support

Bobl futures have defined a key short-term support at 124.030, the Jul 21 low. A bull cycle remains in play and Friday’s gains resulted in a high print above 126.560, the Jul 6 high and bull trigger. This signals a resumption of the current uptrend and maintains the bullish price sequence of higher highs and higher lows. The focus is on 127.160, the May 12 high. A break of 124.030 is required to signal a reversal.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

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.