Free Trial

(U2) New Recovery High

JGB TECHS
  • RES 3: 151.13 - High Mar 3
  • RES 2: 150.55 - 76.4% Dec - Jun Downleg
  • RES 1: 150.53 - High Jul 23
  • PRICE: 150.43 @ 15:53 BST Jul 26
  • SUP 1: 147.93 - 3.0% Lower Bollinger Band
  • SUP 2: 147.15 - Low Jun 14
  • SUP 3: 146.82 - Low Jul 14 2015

JGBs made further gains through the 200-dma on the continuation contract Tuesday, marking a step change in the technical outlook and tilting the near-term risks to a broader near-term recovery. Further strength put prices above the Mar 14 high at 150.44 ahead of 150.55 - the 76.4% retracement of the December - June downleg.

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.