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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
10-YR YIELD TECHS: 2.228-229 Support Key *RES....>
US: 10-YR YIELD TECHS: 2.228-229 Support Key
*RES 4: 2.366 - High July 13
*RES 3: 2.357 - Daily Bear channel top
*RES 2: 2.337 - Hourly resistance July 14
*RES 1: 2.285 - Low July 28
*PRICE: 2.280 @ 0430GMT
*SUP 1: 2.250 - 55-DMA
*SUP 2: 2.241 - Hourly support July 24
*SUP 3: 2.229 - Low July 21, Low July 24
*SUP 4: 2.228 - 200-WMA
*COMMENTARY: The rejection around 2.337 last week leaves the yield looking heavy
and immediate focus on 2.228-229 where the 200-WMA is situated. Bears now look
for a close below the 200-WMA to confirm focus back on the 2.103 2017 low and
below 2.103 to target1.879. Layers of resistance are accumulating with bulls
needing a close above 2.337 to see pressure back on 2.357-396 where the bear
channel top and July highs are located.
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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.