x
Breaking News
0

Is The Bund Future Long Again?

By Martin GoerschBondsJul 18, 2016 09:38AM ET
www.investing.com/analysis/bund-future-long-again-200142420
Is The Bund Future Long Again?
By Martin Goersch   |  Jul 18, 2016 09:38AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

In the last trading week, the Bund future formed a clean downward trend. This downward trend is easily visible in the hourly chart, and one can also see that on Friday evening, the Bund began a bottom formation that gained further significance with the higher market opening on Monday.

At the moment, it looks as though the Bund has a good chance of breaking out of the downward trend channel in an upwards direction during the beginning of the week.

If the daily high from Friday is exceeded, this would end the downward trend in the hourly chart once and for all, and the way would be free for a renewed testing of the last high in the region of 168.00.

Bund Futures Hourly Chart
Bund Futures Hourly Chart

In the daily chart a triangle has currently formed. At the moment, in terms of price, the Bund future is in the lower area of the triangle, and a renewed testing of the support levels at approx. 165.50 cannot be ruled out either. But I am more inclined to assume that the Bund will now run up to the upper area of the triangle, currently at 167.40.

If it surpasses the last high at 168.13, despite already negative interest rates, this could even actually lead once more to new all-time highs in the ten-year government bonds.

It remains exciting, therefore, in the Bund future!

Bund Futures Daily Chart
Bund Futures Daily Chart

Disclaimer: Exchange transactions are associated with significant risks. Those who trade on the financial and commodity markets must familiarize themselves with these risks. Possible analyses, techniques and methods presented here are not an invitation to trade on the financial and commodity markets. They serve only for illustration, further education, and information purposes, and do not constitute investment advice or personal recommendations in any way. They are intended only to facilitate the customer’s investment decision, and do not replace the advice of an investor or specific investment advice. The customer trades completely at his or her own risk.

Is The Bund Future Long Again?
 

Related Articles

Is The Bund Future Long Again?

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

 
Are you sure you want to delete this chart?
 
Write your thoughts here
 
Replace the attached chart with a new chart ?
Post
Post also to:
1000
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
 
Replace the attached chart with a new chart ?
Post 1000
Please wait a minute before you try to comment again.
 
 
 
Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Add Chart to Comment
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email