Free Trial
FOREX

Greenback Shows Some Weakness Pre-CPI

BOJ

Fixed Rate Operation Offer

AUSSIE BONDS

Aided By COVID Status Change In Queensland

CHINA PRESS

China Allocates 2023 Local Government Bond Quotas Early

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) Support Remains Exposed

JGB TECHS
  • RES 3: 152.26 - High Dec 7 / 21 2021
  • RES 2: 151.13 - High Mar 3
  • RES 1: 150.81 - High Aug 5
  • PRICE: 148.42 @ 15:49 BST Sep 19
  • SUP 1: 148.11 - Low Sep 7
  • SUP 2: 147.07 - Low Jun 20
  • SUP 3: 145.05 - Low Jun 16 and a key support

JGBs remain below the Sep 14 high and the pullback keeps prices off the first resistance at the well-defined parameter of 150.81, the Aug 5 high. A continuation lower would expose support at 148.11, the Sep 7 low where a break would confirm a resumption of the current bear cycle and signal scope for a move towards 147.07, the Jun 20 low. Gains above 150.81 are required to reinstate a broader bullish theme.

125 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 3: 152.26 - High Dec 7 / 21 2021
  • RES 2: 151.13 - High Mar 3
  • RES 1: 150.81 - High Aug 5
  • PRICE: 148.42 @ 15:49 BST Sep 19
  • SUP 1: 148.11 - Low Sep 7
  • SUP 2: 147.07 - Low Jun 20
  • SUP 3: 145.05 - Low Jun 16 and a key support

JGBs remain below the Sep 14 high and the pullback keeps prices off the first resistance at the well-defined parameter of 150.81, the Aug 5 high. A continuation lower would expose support at 148.11, the Sep 7 low where a break would confirm a resumption of the current bear cycle and signal scope for a move towards 147.07, the Jun 20 low. Gains above 150.81 are required to reinstate a broader bullish theme.