Free Trial
SCHATZ TECHS

(U2) Consolidation Mode

BOBL TECHS

(U2) Pullback Considered Corrective

BUND TECHS

(U2) Trend Direction Remains Up

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

(U2)‌‌ Bull Cycle Still In Play

US 10YR FUTURE TECHS
  • RES 4: 121-28+ 1.382 proj of the 14 - 23 - 28 price swing
  • RES 3: 121-10 1.236 proj of the 14 - 23 - 28 price swing
  • RES 2: 120-19+ High May 26 and a key resistance
  • RES 1: 120-04 High Jul 1
  • PRICE: 119-08+ @ 11:22 BST Jul 5
  • SUP 1: 118-06 Low Jul 1
  • SUP 2: 117-16+ 20-day EMA
  • SUP 3: 116-11 Low Jun 28 and a key near-term support
  • SUP 4: 115-20 Low Jun 17

Treasuries are trading closer to the recent highs. The contract last week resumed the uptrend that started Jun 14 - resistance at 118-08 has been breached. Price is also through the 50-day EMA. This signals scope for a continuation higher and attention is on 120-19+, the May 26 high. Key short-term support has been defined at 116-11, Jun 28 low. A break would highlight a bearish reversal.

141 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • RES 4: 121-28+ 1.382 proj of the 14 - 23 - 28 price swing
  • RES 3: 121-10 1.236 proj of the 14 - 23 - 28 price swing
  • RES 2: 120-19+ High May 26 and a key resistance
  • RES 1: 120-04 High Jul 1
  • PRICE: 119-08+ @ 11:22 BST Jul 5
  • SUP 1: 118-06 Low Jul 1
  • SUP 2: 117-16+ 20-day EMA
  • SUP 3: 116-11 Low Jun 28 and a key near-term support
  • SUP 4: 115-20 Low Jun 17

Treasuries are trading closer to the recent highs. The contract last week resumed the uptrend that started Jun 14 - resistance at 118-08 has been breached. Price is also through the 50-day EMA. This signals scope for a continuation higher and attention is on 120-19+, the May 26 high. Key short-term support has been defined at 116-11, Jun 28 low. A break would highlight a bearish reversal.