Free Trial

(U9) Recent Highs Remain in View *RES.....>

JGB TECHS
JGB TECHS: (U9) Recent Highs Remain in View
*RES 3: 154.01 - Jul 28 2016 high
*RES 2: 153.34 - Mar28 High
*RES 1: 153.23 - Weekly high
*PRICE: 153.12 @ 16:45 BST, Jun 3
*SUP 1: 152.53 - 2% Lower Bollinger Band
*SUP 2: 152.33 - 6 March Low
*SUP 3: 151.97 - 38.2% 149.75 - 153.34
Having cleared and held the 153.00 handle and 50-dma last week, JGB futures
remain on the front foot at the beginning of the week, keeping recent cycle
highs of 153.23 and 153.34 in view. Bears need to clear the 2% lower Bollinger
Band to trigger any down-move (152.53), before targeting the March 6 low at
152.33.

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.