FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

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

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

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

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

(Z1) Remains Below Recent Highs

EUROSTOXX50 TECHS
  • RES 4: 4234.50 0.764 projection of the Jul 19 - Sep 6 - 20 price swing
  • RES 3: 4223.00 High Sep 6 and the bull trigger
  • RES 2: 4141.30 76.4% retracement of the Sep 24 - Oct 6 downleg
  • RES 1: 4090.50/4200.50 50-day EMA / High Sep 24
  • PRICE: 4044.50 @ 05:55 BST Oct 13
  • SUP 1: 3949.50 Low Oct 6 and the bear trigger
  • SUP 2: 3902.50 Low Jul 20
  • SUP 3: 3882.00 Low Jul 19 and a key support
  • SUP 4: 3856.40 1.382 proj of the Sep 6 - Sep 20 - Sep 24 price swing

EUROSTOXX 50 futures remain below recent highs. Price action has recently failed to challenge resistance around the 50-day EMA and a bearish risk remains present. The contract recently traded below 3974.00, Sep 20 low. A clear break of this support would strengthen a bearish case and open 3882.00, Jul 19 low. Price needs to clear 4090.50, the 50-day EMA to ease the current bearish threat. This would open 4200.50, Sep 24 high.

Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeEquitiesBulletMarketsFixed Income BulletsForeign Exchange 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.