Free Trial
US 10YR FUTURE TECHS

(Z2)‌‌ Sights Are On The Bear Trigger

STIR FUTURES

Fed Rate Path Holds Near Lower End Of Post-FOMC Range

LOOK AHEAD

Wednesday Data Calendar

BTP

Basis Block trade

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) Corrective Bounce

BOBL TECHS
  • RES 4: 121.950 High Oct 4 and the bull trigger
  • RES 3: 121.330 High Oct 5
  • RES 2: 119.960 High Oct 14 and a key resistance
  • RES 1: 119.365 20-day EMA
  • PRICE: 118.940 @ 05:30 BST Oct 25
  • SUP 1: 117.630 2.50 proj of the Aug 25 - Sep 1 - Sep 6 price swing
  • SUP 2: 117.342 2.618 proj of the Aug 25 - Sep 1 - Sep 6 price swing
  • SUP 3: 117.000 Round number support
  • SUP 4: 116.410 3.00 proj of the Aug 25 - Sep 1 - Sep 6 price swing

Bobl futures traded higher Monday. The trend remains down and gains are considered corrective. Last week’s move lower cleared support and the bear trigger at 118.020, Sep 28 low. The break confirms a resumption of the primary downtrend and marks an extension of the price sequence of lower lows and lower highs. This opens 117.630, a Fibonacci projection. On the upside, key short-term resistance is at 119.960, the Oct 14 high.

163 words

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.
  • RES 4: 121.950 High Oct 4 and the bull trigger
  • RES 3: 121.330 High Oct 5
  • RES 2: 119.960 High Oct 14 and a key resistance
  • RES 1: 119.365 20-day EMA
  • PRICE: 118.940 @ 05:30 BST Oct 25
  • SUP 1: 117.630 2.50 proj of the Aug 25 - Sep 1 - Sep 6 price swing
  • SUP 2: 117.342 2.618 proj of the Aug 25 - Sep 1 - Sep 6 price swing
  • SUP 3: 117.000 Round number support
  • SUP 4: 116.410 3.00 proj of the Aug 25 - Sep 1 - Sep 6 price swing

Bobl futures traded higher Monday. The trend remains down and gains are considered corrective. Last week’s move lower cleared support and the bear trigger at 118.020, Sep 28 low. The break confirms a resumption of the primary downtrend and marks an extension of the price sequence of lower lows and lower highs. This opens 117.630, a Fibonacci projection. On the upside, key short-term resistance is at 119.960, the Oct 14 high.