Technical forecast for Bund

Bund September bullish key day reversal on Friday in theory marks the end of the bear trend at this stage, as long as we hold above 136.40. Today any profit taking sees 137.40/35 which held the downside yesterday, but short term we are overbought now so watch for a break below 137.30 to target 137.03.

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Technical forecast for Gilts

Gilts for December failed again just below 108.20. Below 107.80 keeps the market under pressure for 107.55/45 then 107.26 before a test of last week’s low at 107.16.

Technical forecast for BOBL

Bobl held tough resistance at 123.04/07 to test 122.91/90 & below 122.88 today sees 122.79/77. This could hold the downside but any longs need stops below 122.70 for

Technical forecast for Schatz

Schatz beat 110.17 to hit the next target of 110.20/21. We look overbought short term in the bear trend at this stage but if we continue higher look

Technical forecast for Schatz

Schatz held 110.01 and therefore the yearly low for 2012 at 109.98 last week. We shot way higher than expected as the market volatility increases. Above 110.17 today

Technical forecast for Gilts

Gilts for December held Thursday’s range beating 107.77/82 to fail just below 108.20. Watch 108.20/24 as a break higher fills the gap at 108.41. Any shorts here need

Technical forecast for Bund

Bund September hit excellent support at 136.45/41 for a buying opportunity & bottomed exactly here. We rallied off an oversold position but rocketed way higher than expected to

Technical forecast for BOBL

Bobl held Thursday’s low of 122.34 & completely unexpectedly rocketed back through all resistance to retest Wednesday’s high at 123.07. So we have tough resistance at 123.04/07 today

EUR/USD Technical Forecast for Monday April 8, 2013

Here is a good technical trade setup that should yield some good number of pips for the discerning trader as we head into the new week. This occurs