© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
USDCAD TECHS

Takes Out 20-, 50-Day EMAs

US TSYS

Weak Global PMIs

AUDUSD TECHS

Pierces 50-Day EMA

US TSYS

Eurodollar/SOFR, Tsy Option Roundup

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

(U2) Gains Considered Corrective

GILT TECHS
Fixed Income Technical Analysismarkets-real-timeBulletMarketsFixed IncomeBond Market News
  • RES 4: 115.55 High Jun 6
  • RES 3: 114.28 High Jun 10
  • RES 2: 113.78 20-day EMA
  • RES 1: 112.67/113.25 High Jun 22 and 15
  • PRICE: 112.37 @ Close Jun 22
  • SUP 1: 110.57 Low Jun 21
  • SUP 2: 109.89/60 Low Jun 16 / 4.50 proj of May 19 - 24 - 26 swing
  • SUP 3: 109.33 Low Jul 8 2014 (cont)
  • SUP 4: 108.98 Low Jul 7 2014 (cont)

Gilt futures traded higher Wednesday but the outlook remains bearish. Last week’s cycle lows confirmed a resumption of the primary downtrend. The move lower also highlighted an acceleration of the downtrend and moving average studies remain in a bear mode, reinforcing current trend conditions. The focus is on 109.60 next, a Fibonacci projection. Initial firm resistance is seen at 113.25, Jun 15 high.

127 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • RES 4: 115.55 High Jun 6
  • RES 3: 114.28 High Jun 10
  • RES 2: 113.78 20-day EMA
  • RES 1: 112.67/113.25 High Jun 22 and 15
  • PRICE: 112.37 @ Close Jun 22
  • SUP 1: 110.57 Low Jun 21
  • SUP 2: 109.89/60 Low Jun 16 / 4.50 proj of May 19 - 24 - 26 swing
  • SUP 3: 109.33 Low Jul 8 2014 (cont)
  • SUP 4: 108.98 Low Jul 7 2014 (cont)

Gilt futures traded higher Wednesday but the outlook remains bearish. Last week’s cycle lows confirmed a resumption of the primary downtrend. The move lower also highlighted an acceleration of the downtrend and moving average studies remain in a bear mode, reinforcing current trend conditions. The focus is on 109.60 next, a Fibonacci projection. Initial firm resistance is seen at 113.25, Jun 15 high.