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

Remains Vulnerable

AUDUSD TECHS

Trend Needle Points North

US TSYS

Bonds Near Highs, Yield Curves Flatter

EURJPY TECHS

Bearish Outlook

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) Remains Below Last Week’s Highs

BUND TECHS
Fixed Income Technical Analysismarkets-real-timeBulletMarketsFixed Income
  • RES 4: 152.28 76.4% retracement of the May 12 - Jun 16 bear leg
  • RES 3: 150.67 50-day EMA
  • RES 2: 150.06 61.8% retracement of the May 12 - Jun 16 bear leg
  • RES 1: 147.82/49.00 High Jun 27/24
  • PRICE: 146.58 @ 04:54 BST Jun 30
  • SUP 1: 144.72 Low Jun 28
  • SUP 2: 142.56/140.67 Low Jun 17 / Low Jun 16 and bear trigger
  • SUP 3: 140.00 Psychological round number
  • SUP 4: 138.68 Low Jan 2 2014 (cont)

Bund futures continue to trade below recent highs. From a short-term perspective, a bullish corrective cycle is potentially still in play. Gains last week resulted in a breach of the 20-day EMA and a resumption of strength would signal scope for a climb towards 150.06, a Fibonacci retracement. On the downside, initial firm support to watch is 142.56, Jun 17 low. The bear trigger is 140.67.

138 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: 152.28 76.4% retracement of the May 12 - Jun 16 bear leg
  • RES 3: 150.67 50-day EMA
  • RES 2: 150.06 61.8% retracement of the May 12 - Jun 16 bear leg
  • RES 1: 147.82/49.00 High Jun 27/24
  • PRICE: 146.58 @ 04:54 BST Jun 30
  • SUP 1: 144.72 Low Jun 28
  • SUP 2: 142.56/140.67 Low Jun 17 / Low Jun 16 and bear trigger
  • SUP 3: 140.00 Psychological round number
  • SUP 4: 138.68 Low Jan 2 2014 (cont)

Bund futures continue to trade below recent highs. From a short-term perspective, a bullish corrective cycle is potentially still in play. Gains last week resulted in a breach of the 20-day EMA and a resumption of strength would signal scope for a climb towards 150.06, a Fibonacci retracement. On the downside, initial firm support to watch is 142.56, Jun 17 low. The bear trigger is 140.67.