Free Trial
US TSY FUTURES

BLOCK, 2Y Buy

POLAND

Lawmakers Back Bills Key In Unlocking EU Funds

US TSYS/SUPPLY

Review 10Y Auction, Strong Sale

EURUSD TECHS

Doji Candle Highlights A Potential Base

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) Trend Needle Still Points North

BUND TECHS
  • RES 4: 144.29 1.236 proj of the Oct 21 - 28 - Nov 8 price swing
  • RES 3: 142.87 High Oct 4 and a key reversal point
  • RES 2: 142.75 38.2% retracement of the Aug 2 - Oct 21 bear leg
  • RES 1: 142.60 High Nov 24
  • PRICE: 141.21 @ 05:06 GMT Nov 28
  • SUP 1: 139.64/138.26 20-day EMA / Low Nov 14
  • SUP 2: 136.92 Low Nov 9
  • SUP 3: 135.76/65 Low Nov 8 / 76.4% of the Oct 21 - 28 bull phase
  • SUP 4: 135.23 Low Oct 24

Bund futures maintain a bullish tone despite Friday's pullback. Last week’s breach of 141.09, the Nov 17 high, reinforced bullish conditions and confirmed a resumption of the current uptrend. Price has also cleared the 50-day EMA at 140.12. The clear break of this average highlights a stronger short-term reversal. Potential is seen for a climb towards 142.87, the Oct 4 high. The 20-day EMA marks initial firm support - it intersects at 139.64.

159 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: 144.29 1.236 proj of the Oct 21 - 28 - Nov 8 price swing
  • RES 3: 142.87 High Oct 4 and a key reversal point
  • RES 2: 142.75 38.2% retracement of the Aug 2 - Oct 21 bear leg
  • RES 1: 142.60 High Nov 24
  • PRICE: 141.21 @ 05:06 GMT Nov 28
  • SUP 1: 139.64/138.26 20-day EMA / Low Nov 14
  • SUP 2: 136.92 Low Nov 9
  • SUP 3: 135.76/65 Low Nov 8 / 76.4% of the Oct 21 - 28 bull phase
  • SUP 4: 135.23 Low Oct 24

Bund futures maintain a bullish tone despite Friday's pullback. Last week’s breach of 141.09, the Nov 17 high, reinforced bullish conditions and confirmed a resumption of the current uptrend. Price has also cleared the 50-day EMA at 140.12. The clear break of this average highlights a stronger short-term reversal. Potential is seen for a climb towards 142.87, the Oct 4 high. The 20-day EMA marks initial firm support - it intersects at 139.64.