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MNI: FED'S POWELL STILL SEES POSSIBLE PATH TO SOFT LANDING

MNI: POWELL: FED PREPARED TO TIGHTEN FURTHER IF APPROPRIATE

FED'S GOOLSBEE: 'YOU CAN'T BACK OUT NOW' ON INFLATION FIGHT

MNI: BAKER HUGHES US RIG COUNT 625; OIL RIGS 505; GAS RIGS 116

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: BOE Long APF Operation on Monday

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

(Z3) Outlook Remains Bullish

BUND TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income News
  • RES 4: 132.97 1.618 proj of the Oct 4 - 12 - 23 price swing
  • RES 3: 132.78 High Sep 1 and a key resistance
  • RES 2: 132.13 1.382 proj of the Oct 4 - 12 - 23 price swing
  • RES 1: 131.74 High Nov 17
  • PRICE: 130.87 @ 05:24 GMT Nov 20
  • SUP 1: 130.36/129.97 Low Nov 15 / 20-day EMA
  • SUP 2: 129.35 Low Nov 7 / 13 and key short-term support
  • SUP 3: 128.31/127.18 Low Oct 27 / 23
  • SUP 4: 126.62 Low Oct 4 and the bear trigger

Bund futures maintain a firmer short-term tone following last week’s gains and short-term pullbacks are considered corrective. Price has breached resistance at 130.93, the Nov 9 high, to confirm a resumption of the uptrend that started on Oct 4. The move higher opens 132.13, a Fibonacci projection. Firm support to watch is 129.35, the Nov 7 / 13 low. A breach of this level would highlight a possible reversal.

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  • RES 4: 132.97 1.618 proj of the Oct 4 - 12 - 23 price swing
  • RES 3: 132.78 High Sep 1 and a key resistance
  • RES 2: 132.13 1.382 proj of the Oct 4 - 12 - 23 price swing
  • RES 1: 131.74 High Nov 17
  • PRICE: 130.87 @ 05:24 GMT Nov 20
  • SUP 1: 130.36/129.97 Low Nov 15 / 20-day EMA
  • SUP 2: 129.35 Low Nov 7 / 13 and key short-term support
  • SUP 3: 128.31/127.18 Low Oct 27 / 23
  • SUP 4: 126.62 Low Oct 4 and the bear trigger

Bund futures maintain a firmer short-term tone following last week’s gains and short-term pullbacks are considered corrective. Price has breached resistance at 130.93, the Nov 9 high, to confirm a resumption of the uptrend that started on Oct 4. The move higher opens 132.13, a Fibonacci projection. Firm support to watch is 129.35, the Nov 7 / 13 low. A breach of this level would highlight a possible reversal.