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European Market Update: Focus Remains On Oil Prices And Upcoming FOMC Decision

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Bund futures trade at 162.10 up 20 ticks marking fresh contract highs with yields pushing below 0.43% ahead of the FOMC announcement later today. Analysts eye 162.37 initially with a break targeting 162.85. Support remains at 161.55 gap fill with a break seeing 161.02 and 160.81. Downside momentum targets 160.54 with continuation seeing 160.24 gap fill.[​IMG]

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