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Market News Topics
April 21, 2020 10:44 GMT
(M0) Approaching 140-00 *RES...>
US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M0) Approaching 140-00
*RES 4: 141-26 0.764 projection of Feb 2 - Mar 9 rally from Mar 19 low
*RES 3: 140-24 High Mar 9 and key contract high
*RES 2: 140-00 Round number resistance
*RES 1: 139-17+ Intraday high
*PRICE: 139-15 @ 11:43 BST, Apr 21
*SUP 1: 138-17 Low Apr 17
*SUP 2: 137-16 Low Apr 7 and key near-term support
*SUP 3: 136-29+ Low Mar 24
*SUP 4: 136-05+ 50-day EMA
10yr futures are firmer today and likely to extend gains, with a bullish theme
still in place. On Apr 7, prices found support at 137-16. This was also the area
where the 20-day EMA intersected on Apr 7 and the subsequent recovery is a
bullish development, reinforcing the underlying positive outlook. Key S/T
support is 137-16, Apr 7 low. While it holds, the focus is on 140-00 and the
contract high of 140-24 from Mar 9. Initial support lies at 138-17, Apr 17 low.
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
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