MNI: Canada Apr-Nov Budget Deficit CAD3.6B, Beats Projection

(CORRECTED)MNI INTERVIEW: ECB Communications Errors Risk Market Selloff

(CORRECTED)MNI INTERVIEW: ECB Communications Errors Risk Market Selloff

Crude Futures Continue Slide, WTI Hits Fresh Weekly Lows

MNI DATA FORECASTS: EZ Inflation, US Jobs data to the fore

MNI: US NAR DEC PENDING HOME SALES INDEX 76.9 V 75 IN NOV

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

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

G10 FX Little Changed Ahead of Busy Central Bank Week

US

Protracted Speaker Struggle Does Little To Voter Perception Of McCarthy

USDJPY TECHS

Trend Outlook Remains Bearish

US

FED Reverse Repo Operation

BRAZIL

President Lula To Meet With Germany's Scholz On Monday

STIR

BLOCK, Jun'23 SOFR/Eurodlr Call Spd

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
Trending Top 5
Market News Topics

(Z2) Watching Resistance

BTP TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income News
  • RES 4: 121.32 High Aug 25
  • RES 3: 120.00 Round number resistance
  • RES 2: 119.06 High Sep 8 and a key resistance
  • RES 1: 118.00 High Nov 10
  • PRICE: 115.89 @ Close Nov 11
  • SUP 1: 114.24/112.45 20-day EMA / Low Nov 8
  • SUP 2: 112.07/110.14 Low Oct 25 / 14
  • SUP 3: 108.82 Low Oct 21
  • SUP 4: 108.13 Low Sep 28 and key support

BTP futures traded higher last Thursday but faced resistance on Friday. Last week’s climb resulted in a test of resistance at 117.93, the Oct 27 high. A clear break would suggest scope for a extension higher towards 119.06, the Sep 8 high and a key resistance. On the downside, initial firm support is seen at 114.24, the 20-day EMA ahead of 112.45, the Nov 8 low. A break below the latter would reinstate a bearish theme.

138 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: 121.32 High Aug 25
  • RES 3: 120.00 Round number resistance
  • RES 2: 119.06 High Sep 8 and a key resistance
  • RES 1: 118.00 High Nov 10
  • PRICE: 115.89 @ Close Nov 11
  • SUP 1: 114.24/112.45 20-day EMA / Low Nov 8
  • SUP 2: 112.07/110.14 Low Oct 25 / 14
  • SUP 3: 108.82 Low Oct 21
  • SUP 4: 108.13 Low Sep 28 and key support

BTP futures traded higher last Thursday but faced resistance on Friday. Last week’s climb resulted in a test of resistance at 117.93, the Oct 27 high. A clear break would suggest scope for a extension higher towards 119.06, the Sep 8 high and a key resistance. On the downside, initial firm support is seen at 114.24, the 20-day EMA ahead of 112.45, the Nov 8 low. A break below the latter would reinstate a bearish theme.