Free Trial

125 Next Up *RES 4: 127-28+ ...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: 125 Next Up
*RES 4: 127-28+     Sep 8 2017 high
*RES 3: 127-26+     61.8% 134-07+-117-13+
*RES 2: 125-26+     50% 134-07+-117-13+
*RES 1: 124-31      Mar 27 high
*PRICE: 124-19      @ 10:14 GMT, Mar 28
*SUP 1: 122-02      38.2% 117-13+-124-31
*SUP 2: 121-09+/02  100-dma/Jan 18 low
*SUP 3: 120-11+/04+ 200-dma/Dec 12-13 lows
*SUP 4: 119-22      Dec 4 low
10-Yr futures consolidate the uptrend but have so far struggled to take out the
key 125 level. A topside break is likely to accelerate the move toward 125-26+
which represents the 50% retracement level of 134-07+-117-13+. Above here opens
the 61.8% fibo at 127-26, ahead of the Sep 8 2017 high at 127-28+. Bears need a
close below the Mar 22 low to stabilise the outlook and open uptrend support at
123-05. Below here opens a run at the 100-dma & Jan 18 low at 121-09+/02.

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.