24 Oct 2014
A market in a technical snap-shot - RBS
FXStreet (Barcelona) - RBS analysts gave a technical snap shot at related financial markets.
Key Quotes:
“Bunds may still see a correction through 149.89, but remain constructive to the 0.63% yield level”.
“Treasuries remain poised for further weakness to 126-15 and below amid candlesticks and oscillators”.
“Gilts see the first support at 115.02 but could dip further 114.04 onto 113.00 if the level is broken”.
“10-yr US-Germany correction has likely ended, favouring widening to 148 bps onto 157 bps”.
“BTPs bounce looks about to end, as downside risks to 124.20 and 119.82 technically remain intact”.
“DAX H&S has completed its return move to neckline level, looking for a further fall to 8,200 onto 7,760”.
Key Quotes:
“Bunds may still see a correction through 149.89, but remain constructive to the 0.63% yield level”.
“Treasuries remain poised for further weakness to 126-15 and below amid candlesticks and oscillators”.
“Gilts see the first support at 115.02 but could dip further 114.04 onto 113.00 if the level is broken”.
“10-yr US-Germany correction has likely ended, favouring widening to 148 bps onto 157 bps”.
“BTPs bounce looks about to end, as downside risks to 124.20 and 119.82 technically remain intact”.
“DAX H&S has completed its return move to neckline level, looking for a further fall to 8,200 onto 7,760”.