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EUROSTOXX50 TECHS

(Z2) Continues To Climb

GBPUSD TECHS

Approaching Key Resistance

SCHATZ TECHS

(Z2) Key Support Remains Exposed

AUSSIE BONDS

Notably Firmer As The Day Wore On

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(Z2) Trend Outlook Remains Bearish

BOBL TECHS
  • RES 4: 122.010 High Sep 14
  • RES 3: 121.517 20-day EMA
  • RES 2: 120.940 High Sep 21
  • RES 1: 120.150 High Sep 23
  • PRICE: 118.750 @ 05:12 BST Sep 27
  • SUP 1: 118.370 Low Sep 26
  • SUP 2: 118.274 2.236 proj of the Aug 25 - Sep 1 - Sep 6 price swing
  • SUP 3: 117.918 2.382 proj of the Aug 25 - Sep 1 - Sep 6 price swing
  • SUP 4: 117.630 2.50 proj of the Aug 25 - Sep 1 - Sep 6 price swing

The trend needle in Bobl futures still points south and the contract traded lower once again Monday 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 118.274 next, a Fibonacci projection. Firm resistance is seen at 121.517, the 20-day EMA.

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  • RES 4: 122.010 High Sep 14
  • RES 3: 121.517 20-day EMA
  • RES 2: 120.940 High Sep 21
  • RES 1: 120.150 High Sep 23
  • PRICE: 118.750 @ 05:12 BST Sep 27
  • SUP 1: 118.370 Low Sep 26
  • SUP 2: 118.274 2.236 proj of the Aug 25 - Sep 1 - Sep 6 price swing
  • SUP 3: 117.918 2.382 proj of the Aug 25 - Sep 1 - Sep 6 price swing
  • SUP 4: 117.630 2.50 proj of the Aug 25 - Sep 1 - Sep 6 price swing

The trend needle in Bobl futures still points south and the contract traded lower once again Monday 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 118.274 next, a Fibonacci projection. Firm resistance is seen at 121.517, the 20-day EMA.