Free Trial

(H18) Immediate Focus On.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) Immediate Focus On 120-25+
*RES 4: 122-20  Low Jan 12 now resistance
*RES 3: 122-10+ Hourly resistance Jan 26
*RES 2: 122-04+ Hourly support Jan 25 now resistance
*RES 1: 121-31  Low Jan 25 now resistance
*PRICE: 121-23 @ 0300GMT
*SUP 1: 121-17  2018 Low Jan 30
*SUP 2: 121-12  Bollinger band base
*SUP 3: 121-08+ Daily Bear channel base
*SUP 4: 120-25+ Low Apr 29 2011
*COMMENTARY: Fresh 2018 and 6+ year lows have lacked a little follow through
which is a concern given daily studies overdue a correction from O/S levels and
the Bollinger base limiting follow through. Bulls need a close above 122-04+ to
hint at a correction to 123-05+/123-20 with above the 21-DMA (122-22+) to
confirm. Bears initially focus on 120-25+ while the 21-DMA caps but need a close
below 121-17 to add weight to their case.

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.