- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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(Z2) Approaching Key Support
- RES 4: 123.160 High Sep 8
- RES 3: 122.293 20-day EMA
- RES 2: 121.570 High Sep 16 / 19
- RES 1: 121.120 High Sep 20
- PRICE: 119.880 @ 05:16 BST Sep 22
- SUP 1: 119.782 1.618 proj of the Aug 25 - Sep 1 - Sep 6 price swing
- SUP 2: 119.426 1.764 proj of the Aug 25 - Sep 1 - Sep 6 price swing
- SUP 3: 119.260 Low Aug 2011
- SUP 4: 118.850 2.000 proj of the Aug 25 - Sep 1 - Sep 6 price swing
The trend needle in Bobl futures still points south and the contract has traded lower today, reinforcing bearish conditions. A key support at 119.940, the Jun 16 low (cont) and the bear trigger, has been cleared. The break of this level confirms a resumption of the broader downtrend and opens 119.782 initially, a Fibonacci projection ahead of 119.260, the Aug 2011 low (cont). Firm resistance is seen at 122.293, the 20-day EMA.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why Subscribe to
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.