Free Trial

(H0) Focus Remains On The......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Focus Remains On The Downside
*RES 4: 130-06 High Jan 8 and a key resistance
*RES 3: 129-25+ 76.4% retracement of the Jan 8 - Jan 9 decline
*RES 2: 129-18 61.8% retracement of the Jan 8 - Jan 9 decline
*RES 1: 129-15+ Intraday high
*PRICE: 129-11 @ 10:44 GMT, Jan 21
*SUP 1: 128-29 Low Jan 17
*SUP 2: 128-25 Low Jan 14
*SUP 3: 128-17+ Low Jan 97
*SUP 4: 128-05 Low Dec 30 and Low Jan 2
10yr futures futures have been firmer today but have found resistance at the day
high. Attention remains on the sharp sell-off from Jan 8, which still hangs over
sentiment. This suggests the near-term outlook is bearish leaving support at
128-29 and 128-17+ exposed. A break of the latter which is the Jan 9 low would
refocus attention on the key support at 127.29, Dec 13 low. To the upside,
clearance of 129-15+/18 would instead open 130-06, Jan 8 high.

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.