Free Trial
EUROSTOXX50 TECHS

(U2) Uptrend Remains Intact

SCHATZ TECHS

(U2) Trading At This Week’s Lows

BOBL TECHS

(U2) Bearish Outlook

BUND TECHS

(U2) Pierces The 50-Day EMA

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

(U2) Northbound

BUND TECHS
  • RES 4: 161.38 2.00 projection of the Jun 16 - 24 - 28 price swing
  • RES 3: 160.00 Round number resistance
  • RES 2: 159.79 High Apr 4 (cont)
  • RES 1: 158.19 1.618 projection of the Jun 16 - 24 - 28 price swing
  • PRICE: 157.72 @ 04:49 BST Jul 29
  • SUP 1: 154.75/152.81 Low Jul 28 / 20-day EMA
  • SUP 2: 151.93 50-day EMA
  • SUP 3: 149.69 Low Jul 21 and key short-term support
  • SUP 4: 148.24 Low Jul 1

Bund futures maintain a bullish tone and the contract traded higher once again on Thursday. This confirms a resumption of the uptrend and the break higher maintains the current bullish price sequence of higher highs and higher lows. The focus is on 159.79 next, the Apr 4 high (cont). Key trend support has been defined at 149.69, the Jul 21 low. A break of this level is required to signal a potential top. Initial support is at 154.75.

153 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: 161.38 2.00 projection of the Jun 16 - 24 - 28 price swing
  • RES 3: 160.00 Round number resistance
  • RES 2: 159.79 High Apr 4 (cont)
  • RES 1: 158.19 1.618 projection of the Jun 16 - 24 - 28 price swing
  • PRICE: 157.72 @ 04:49 BST Jul 29
  • SUP 1: 154.75/152.81 Low Jul 28 / 20-day EMA
  • SUP 2: 151.93 50-day EMA
  • SUP 3: 149.69 Low Jul 21 and key short-term support
  • SUP 4: 148.24 Low Jul 1

Bund futures maintain a bullish tone and the contract traded higher once again on Thursday. This confirms a resumption of the uptrend and the break higher maintains the current bullish price sequence of higher highs and higher lows. The focus is on 159.79 next, the Apr 4 high (cont). Key trend support has been defined at 149.69, the Jul 21 low. A break of this level is required to signal a potential top. Initial support is at 154.75.