Free Trial
US TSYS

Late SOFR/Eurodollar/Treasury Option Roundup

JGB TECHS

(Z2) Remains Below Resistance

AUSSIE 10-YEAR TECHS

(Z2) Bullish Extension

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

(Z0) Downside Risk Still Present

GILT TECHS
  • RES 4: 137.04/05 High Sep 21 / 76.4% of the Aug 4 - 28 decline
  • RES 3: 136.60 High Sep 30 and the near-term bull trigger
  • RES 2: 136.19 High Oct 1 and key near-term resistance
  • RES 1: 135.85 20-day EMA
  • PRICE: 135.50 @ Close Oct 9
  • SUP 1: 135.06 Low Oct 7 and the bear trigger
  • SUP 2: 134.96 76.4% retracement of the Aug 28 - Sep 28 rally
  • SUP 3: 134.59 Low Sep 1
  • SUP 4: 134.32 Low Aug 28 and a key support

Gilts futures remain vulnerable following last week's extension lower. The contract breached support at 135.32, Oct 1 low opening up potential for a deeper pullback towards 134.96 next, a Fibonacci retracement. An extension lower would also expose primary support at 134.32, Aug 28 low. On the upside, initial firm resistance is seen at 136.19, Oct 2 high. A move above this hurdle is required to ease the current bearish pressure.

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.