Free Trial

10-YR YIELD TECHS: Bears Need Close Below........>

US
US: 10-YR YIELD TECHS: Bears Need Close Below 2.208
*RES 4: 2.258 - Daily Bear channel top 
*RES 3: 2.238 - 100-DMA 
*RES 2: 2.233 - 55-DMA 
*RES 1: 2.222 - Hourly support Sept 18 now resistance
*PRICE: 2.218 @ 0140GMT
*SUP 1: 2.208 - Low Sept 18 
*SUP 2: 2.171 - Hourly resistance Sept 13 now support 
*SUP 3: 2.143 - Hourly support Sept 12 
*SUP 4: 2.118 - Hourly support Sept 11
*COMMENTARY: Bulls regained control Monday with immediate pressure on 55 &
100-DMAs. Bulls look for a close above the daily bear channel top to confirm
breaks of key resistance layers and above 2.290 to confirm focus on 2.333-337
where the 200-DMA (2.332) is situated. Layers of support continue to build with
bears now needing a close below 2.208 to ease bullish pressure and below 2.118
to shift focus back to 2017 lows.

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.