MNI BRIEF: BOJ Real Export Index in Q1 Falls 2.5% Q/Q

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1025 Weds; -5.39% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1025 WEDS VS 7.1028

MNI INTERVIEW: IMF's Adrian Warns Of Inflation Risk To Markets

Contributions to the Y/Y change in CPI

Restaurants and hotels drive the upside surprise at first glance

MNI: UK MAR CPI +0.6% M/M, +3.2% Y/Y

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(Z2) Corrective Cycle

BUND TECHS
  • RES 4: 143.68 38.2% retracement of the Aug 2 - Sep 28 bear leg
  • RES 3: 142.58 High Sep 20
  • RES 2: 142.02 High Sep 22
  • RES 1: 1141.40/41 20-day EMA / Intraday high
  • PRICE: 141.27 @ 05:05 BST Oct 4
  • SUP 1: 138.05 Low Oct 3
  • SUP 2: 135.52 Sep 28 low and key support
  • SUP 3: 135.27 Low Mar 2012 (cont)
  • SUP 4: 134.76 4.382 proj of the Aug 2 - 12 - 15 price swing

Bund futures remain in a downtrend, however, the contract has entered a short-term bullish corrective cycle. Yesterday’s strong rally reinforces this bullish theme and price has arrived at resistance around the 20-day EMA. The average intersects at 141.40 and a clear break would signal scope for a strong ounce. This would open 142.02, the Sep 22 high. Key support and the bear trigger has been defined at 135.52, the Sep 28 low.

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.