Free Trial

Bearish Trend Intensifies *RES 4:.......>

US TSYS/10Y
US TSYS/10Y: Bearish Trend Intensifies
*RES 4: 3.0402 50% 3.2594-2.8210 
*RES 3: 3.0114 100-dma 
*RES 2: 2.9552 200-dma 
*RES 1: 2.9228 50% of Dec range 3.0479-2.7978 
*PRICE: 2.7548 @ 06:30 GMT, Dec 20 
*SUP 1: 2.7153 Low April 2 
*SUP 2: 2.6349 High Dec 15 2016
*SUP 3: 2.5000 Support
*SUP 4: 2.0144 Low Sep 11 2017 
US 10-Year yields broke below the March lows yesterday to give bears additional
momentum to target the Apr 2 low at 2.7153. Below here brings the Dec 201 highs
into focus. Bulls need to recover the 50% retracement level of Dec range to
improve the short-term outlook. A break of the 200-dma would reignite the
uptrend opening a run at the 3.0 level and 100-dma at 3.0114.

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.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });