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) Support Remains Exposed

GILT TECHS
  • RES 4: 130.72 High Aug 4 and the bull trigger (cont)
  • RES 3: 130.53 High Aug 5 (cont)
  • RES 2: 129.35 High Aug 20 and a key near-term resistance
  • RES 1: 129.09 High Aug 25
  • PRICE: 128.65 @ Close Aug 27
  • SUP 1: 128.24 Low Aug 12
  • SUP 2: 128.03 Low Jul 6 (cont)
  • SUP 3: 127.50 Low Jun 28 (cont)
  • SUP 4: 127.25 Low Jun 23 (cont)

Gilt futures last week probed initial support at 128.33, the Aug 12 low. A clear break of this level would suggest scope for a deeper pullback. This would open 128.03 (cont), the Jul 6 low.Clearance of this support would strengthen a bearish case and note that it would also highlight a move below the 50-day EMA on the continuation chart. Key near-term resistance has been defined at 129.35.

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.