MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI: CANADA Q3 INDUSTRIAL CAPACITY UTILIZATION RATE 79.3%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(U3) Support Remains Intact

BUND TECHS
  • RES 4: 135.87 2.0% 10-dma envelope
  • RES 3: 135.00 High Jun 27 and key resistance
  • RES 2: 134.88 High Jul 19
  • RES 1: 134.01 High Jul 24
  • PRICE: 133.56 @ 05:21 BST Jul 26
  • SUP 1: 132.60 Low Jul 17 and a key near-term support
  • SUP 2: 132.23 61.8% retracement of the Jul 10 - 19 rally
  • SUP 3: 131.92 Low Jul 13
  • SUP 4: 131.61 76.4% retracement of the Jul 10 - 19 rally

Bund futures are unchanged and remain below last week’s peak. For now, the recent retracement appears to be a correction and short-term trend signals highlight a bull cycle. A resumption of gains would refocus attention on key short-term resistance at 135.00, the Jun 27 high and a bull trigger. Clearance of this level would resume the uptrend that started Jul 10. Initial support to watch lies at 132.60, the Jul 17 low.

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.