Free Trial

(H0) Bullish Outlook Remains...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Bullish Outlook Remains Intact
*RES 4: 132-02+ High Oct 3 and Oct 7
*RES 3: 131-27+ High Oct 10
*RES 2: 131-11+ 1.382 projection of Jan 2 - Jan 8 rally from Jan 9 low
*RES 1: 131-06 High Jan 29
*PRICE: 131-01 @ 20:31 GMT, Jan 29
*SUP 1: 130-13+ Intraday low
*SUP 2: 129-17+ Low Jan 23
*SUP 3: 129-12 Low Jan 22
*SUP 4: 128-29 Low Jan 17 and key near-term support
10yr futures maintain a firmer tone with further gains likely near-term despite
yesterday's pullback. The technical condition remains bullish and this was
reinforced by Monday's break of former resistance at 130-17+, Nov 1 high.
Momentum and MA studies are bullish too, reinforcing current conditions. The
focus is on gains towards 131-11+ and 131-19 next, both Fibonacci projections.
Initial support lies at 130-13+.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.