Free Trial
AUSSIE BONDS

Front End Leads The Bid

US TSY OPTIONS

Pullback In TY Skew Seen During Recent Bid

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

(H18) Recovery Falters Just.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) Recovery Falters Just Below 50% Fibo Retrace Level
*RES 4: 116-277/282 76.4% of 117-032/116-032, Nov 28 high
*RES 3: 116-227/230 Dec 1 high, 61.8% Fibo of 117-032/116-032
*RES 2: 116-190/192 Dec 13 high, 50% Fibo of 117-032/116-032
*RES 1: 116-162 Hourly resistance
*PRICE: 116-070 @1141GMT
*SUP 1: 116-070/092 Hourly support
*SUP 2: 116-032 Dec 13 low
*SUP 3: 115-317 10 week bear channel base projection
*SUP 4: 115-152 3 month bear channel base projection
*COMMENTARY* The 116-052 area which provided previous protection to the downside
this month, was put under pressure last Wednesday. A low of 116-032 before
seeing a bounce back above 116-170/116-177 resistance. This now sees 116-192 as
the next Fibo retrace, the 50% in the fall seen since the 117-032 high of early
November. Will need to cross back above here, before chances improve for a
further 116-227/116-282 rise. Support moves to 116-070 ahead of 116-032.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.