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

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

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

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

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) Remains Above Support

BUND TECHS

RES 4: 131.82 High Sep 2

  • RES 3: 131.49 HIgh Sep 14
  • RES 2: 131.33 76.4% retracement of the Sep 1 - Oct 4 downleg
  • RES 1: 130.76 High Nov 3
  • PRICE: 129.53 @ 05:15 GMT Nov 7
  • SUP 1: 129.05 20-day EMA
  • SUP 2:128.31/ 127.18 Low Oct 27 / 23
  • SUP 3: 126.62 Low Oct 4 and the bear trigger
  • SUP 4: 126.00 Round number support

Bund futures traded higher last week. The contract maintains a firmer tone - for now - despite yesterday’s bearish start to the week. Price has recently traded through key resistance at 130.20, the Oct 12 high and a bull trigger. A clear break of this hurdle would strengthen current bullish conditions. This would open 131.33, 76.4% of the Sep 1 - Oct 4 downleg. Firm support to watch is 128.31, the Oct 27 low. A breach would highlight a possible reversal.

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.