Free Trial

(H0) Focus Is On 130-06........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Focus Is On 130-06 Resistance
*RES 4: 130-22 61.8% Sep - Dec Decline
*RES 3: 130-17+ High Nov 1
*RES 2: 130-06 High Jan 8 and a key resistance
*RES 1: 130-05 High Jan 24
*PRICE: 130-02+ @ 16:10 GMT, Jan 24
*SUP 1: 129-12 Low Jan 22
*SUP 2: 128-29 Low Jan 17 and key near-term support
*SUP 3: 128-25 Low Jan 14
*SUP 4: 128-17+ Low Jan 97
10yr futures traded maintain a firmer tone following this week's gains.
Resistance around the 100-dma at 129-20 has now been cleared. The breach of this
level effectively negates the recent bearish outlook and instead signals a
stronger bullish theme. Attention is on 130-06, the Jan 8 high and the next key
resistance. A break would reinforce bullish conditions and open 130-17+, the Nov
1 high initially. Key support is at 128-29, Jan 17 low.

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.