Free Trial

(H0) Likely To Stay On The.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Likely To Stay On The Defensive
*RES 4: 130-28+ High Oct 11
*RES 3: 130-17+ High Nov 1
*RES 2: 130-06 High Jan 8 and a key resistance
*RES 1: 129-05 Post Payrolls High
*PRICE: 129-04 @ 16:19 GMT, Jan 10
*SUP 1: 129-04+ Low Jan 7
*SUP 2: 128-20 Low Jan 3
*SUP 3: 127-29 Low Dec 13 and bear trigger
*SUP 4: 130-28+ High Oct 11
10yr futures have settled Friday following extremely choppy price action
Wednesday. The sell-off Wednesday places on hold a recent bullish focus. Price
failed to remain and close above resistance at 129-21, Jan 6 high and the 50-day
EMA, an indicator used as a reliable trend signal. Further weakness would open
128-05, Dec 30 and Jan 2 low where a break would expose 127-29, Dec 13 low and
key support. Resistance is 129-02.
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.