Free Trial

10-YEAR YIELD TECHS: 2019 Highs *RES 4: 2.9445...>

US
US: 10-YEAR YIELD TECHS: 2019 Highs
*RES 4: 2.9445 200-dma
*RES 3: 2.9003 50% 3.2594-2.5412
*RES 2: 2.8985 Hourly resistance Dec 14
*RES 1: 2.7946 50% of 3.0479-2.5412
*PRICE: 2.7842 @ 16:18 GMT, Jan 18
*SUP 1: 2.6842/2.6573 38.2%/50% 2.5412-2.7716
*SUP 2: 2.5412 Jan 4 low
*SUP 3: 2.5206 Jan 16 2018 low
*SUP 4: 2.4900 61.8% 2.0144-3.2594
Yields confirmed their break above the 21-dma Thursday by taking out range highs
seen on Jan 10. This now shifts the outlook bullish opening the 50% retracement
level & Dec 26 high at 2.7946/2.8132. A break above here would extend gains
towards the Dec 14 high at 2.8985. On the downside bears look to retake the
21-dma to shift the outlook neutral, opening the Jan 10 low & 50% retracement
level at 2.6762/2.6573.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.