CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(Z3) Clears Resistance

BOBL TECHS
  • RES 4: 117.610 High Sep 1 and a key resistance
  • RES 3: 117.230 High Sep 4
  • RES 2: 116.966 76.4% retracement of the Sep 1 - Sep 28 downleg
  • RES 1: 116.850 High Nov 2
  • PRICE: 116.550 @ 05:18 GMT Nov 3
  • SUP 1: 116.011 20-day EMA
  • SUP 2: 115.480/130 Low Oct 26 / 19
  • SUP 3: 114.880 Low Sep 28 and the bear trigger
  • SUP 4: 114.710 Low Aug 15 (cont)

The broader Bobl futures trend outlook remains bearish, however, a corrective cycle is still in play and the contract has continued to appreciate this week. Key short-term resistance at 116.500, the Oct 10 high has been cleared and this signals scope for a continuation higher near-term. Scope is seen for a climb towards 116.966, the 76.4% retracement of the Sep 1 - Sep 28 bear leg. The 20-day EMA, at 116.011, is the first key support.

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.