MNI: PBOC Net Injects CNY139.5 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1708 Thu; -1.14% Y/Y

MNI BRIEF: Japan Corp Loan Demand Rises: BOJ Survey

MNI China Daily Summary: Wednesday, January 22

MNI BRIEF: China Iron Ore Imports To Remain Positive In 2025

MNI BRIEF: China To Boost Long-term Funds For Equity Market

JAPAN DATA: Japan Dec Exports +2.8% Y/Y; Imports +1.8% Y/Y

MNI: JAPAN DEC EXPORTS +2.8% Y/Y; NOV +3.8%

EZ/UK Bond Supply Calendar: France, UK Auction on Thursday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US 10YR FUTURE TECHS: (H5) Remains Below The 50-Day EMA

US 10YR FUTURE TECHS
USFixed Income Technical AnalysisBulletMarketsFixed Income BulletsNorth America
  • RES 4: 110-25   High Dec 12
  • RES 3: 109-31   High Dec 18   
  • RES 2: 109-16+ 50-day EMA  
  • RES 1: 109-04/109-06 High Jan 21 / High Dec 31 
  • PRICE:‌‌ 108-25 @ 11:02 GMT Jan 22
  • SUP 1: 108-00/107-06 Low Jan 16 / 13 and the bear trigger    
  • SUP 2: 107-04   Low Apr 25 ‘24 and a key support  
  • SUP 3: 107-00   Round number support
  • SUP 4: 106-11   2.00 proj of the Oct 1 - 14 - 16 price swing  

The medium-term trend condition in Treasury futures remains bearish and the recovery that started Jan 13, appears to be a correction. The contract has traded through the 20-day EMA, at 108-17+. This exposes 109-06, the Dec 31 high, and 109-16+, the 50-day EMA. A clear break of the 50-day EMA is required to strengthen a bullish theme. The bear trigger is unchanged at 107-06, the Jan 13 low.

143 words

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.
  • RES 4: 110-25   High Dec 12
  • RES 3: 109-31   High Dec 18   
  • RES 2: 109-16+ 50-day EMA  
  • RES 1: 109-04/109-06 High Jan 21 / High Dec 31 
  • PRICE:‌‌ 108-25 @ 11:02 GMT Jan 22
  • SUP 1: 108-00/107-06 Low Jan 16 / 13 and the bear trigger    
  • SUP 2: 107-04   Low Apr 25 ‘24 and a key support  
  • SUP 3: 107-00   Round number support
  • SUP 4: 106-11   2.00 proj of the Oct 1 - 14 - 16 price swing  

The medium-term trend condition in Treasury futures remains bearish and the recovery that started Jan 13, appears to be a correction. The contract has traded through the 20-day EMA, at 108-17+. This exposes 109-06, the Dec 31 high, and 109-16+, the 50-day EMA. A clear break of the 50-day EMA is required to strengthen a bullish theme. The bear trigger is unchanged at 107-06, the Jan 13 low.