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Why MNI
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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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Free AccessMNI: PBOC Net Injects CNY11.0 Bln via OMO Tuesday
MNI ASIA MARKETS ANALYSIS: Treasuries Surge On Bessent And Oil
10-YR YIELD TECHS: 2.692 Resistance Remains......>
US: 10-YR YIELD TECHS: 2.692 Resistance Remains Key
*RES 4: 2.912 - High Jan 15
*RES 3: 2.821 - Monthly High Mar 7 2014
*RES 2: 2.748 - High Apr 22 2014
*RES 1: 2.692 - Monthly High July 3 2014
*PRICE: 2.680 @ 0420GMT
*SUP 1: 2.654 - Hourly support Jan 26
*SUP 2: 2.609 - Low Jan 24
*SUP 3: 2.585 - Low Jan 18
*SUP 4: 2.571 - Hourly resistance Jan 17 now support
*COMMENTARY: The 2.609 support remains key with dips last week remaining
supported around this level and immediate pressure remaining on 2.692. Bulls
continue to look for a close above 2.692 to confirm focus on 2.748-912 where the
daily bull channel top (2.787) is situated. Bears need a close below 2.609 to
ease bullish pressure and below the 21-DMA (2.553) to initially pressure
2.482-522 where the bull channel base is noted.
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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.