Free Trial

(Z1) Holding Gains

  • RES 3: 152.62 - High Jul 21 and the bull trigger
  • RES 2: 152.23 - High Aug 31
  • RES 1: 152.03 - 61.8% retracement of the Jul - Oct sell-off
  • PRICE: 151.74 @ 16:01 GMT Nov 29
  • SUP 1: 151.07 - Low Oct 27
  • SUP 2: 150.88 - Low Apr 1 (cont)
  • SUP 3: 150.38 - Low Feb 26 (cont)

JGB futures rallied Friday along with global bond markets, rising to touch 151.84. The rally stopped just short of 152.03, the first upside level, which retains focus headed into the new week. A clear break would open 152.23, Aug 31 high. Key support continues to undercut at 151.07.

MNI London Bureau | +44 203-865-3809 |

To read the full story



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.