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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.
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Free Access(H0) Trading Below Key.........>
US 10YR FUTURE TECHS: (H0) Trading Below Key Resistance
*RES 3: 131-29 Feb 3 high
*RES 2: 131-20+ High Feb 4
*RES 1: 131-12+/16+ High Feb 10 / 76.4% of the Feb 3 - Feb 6 decline
*PRICE: 130-31+ @ 15:37 GMT, Feb 17
*SUP 1: 130-19+ Low Feb 12
*SUP 2: 130-07 Low Jan 29 and key near-term support
*SUP 3: 129-30+ 50-day EMA
10yr futures played the recent range Friday and remained there amid market
closures Monday keeping the outlook somewhat negative. From a technical
perspective, the outlook remains bearish following the sharp losses between Feb
3 and Feb 6. The recent recovery between Feb 6 - Feb 10 is viewed as a
correction and scope is seen for a move towards 129-30+, an area of support
highlighted by the 50-day EMA. Key near-term resistance has been defined at
131-12+.
To read the full story
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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.