Free Trial

10-YR YIELD TECHS: 2.884-2.950 Resistance........>

US
US: 10-YR YIELD TECHS: 2.884-2.950 Resistance Region Key
*RES 4: 2.935 - Hourly resistance June 21 
*RES 3: 2.900 - High June 26 
*RES 2: 2.884 - High July 3 
*RES 1: 2.877 - High July 16
*PRICE: 2.856 @ 2130GMT
*SUP 1: 2.823 - Low July 16 
*SUP 2: 2.807 - Low July 6 
*SUP 3: 2.790 - Hourly support May 30a 
*SUP 4: 2.759 - Low May 29
*COMMENTARY: Overall bearish focus remains on 2.717-759 where Apr & May lows are
noted with a close below 2.807 to add weight to their case. The Bollinger base
(2.806) remains key concern for bears and limits follow through. Bulls continue
to look for a close above 2.884 to gain breathing room and above 2.950 to
confirm breaks of 21, 55 & 100-DMAs and pressure the key 3.014-050 resistance
region.

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.