Free Trial

(M0) Still Looking For A.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M0) Still Looking For A Break Higher
*RES 4: 186-13 High Mar 10
*RES 3: 185-29 76.4% retracement of the Mar 9 - 18 decline
*RES 2: 184-07 High Mar 12
*RES 1: 183-02 High Apr 22 and the bull trigger
*PRICE: 181-17 @ 11:51 BST, Apr 30
*SUP 1: 179-16 Low Apr 17
*SUP 2: 177-14 Low Apr 13 and 14 and key near-term support
*SUP 3: 176-20 Low Mar 24
*SUP 4: 175-22 50-day EMA
30yr futures remain bullish and prices are off recent lows. A positive theme
follows recent gains off 177-14, the Apr 14 low. The bullish outlook is also
reinforced by the strong broader recovery off the 50-day EMA on Mar 18/19,
suggesting the uptrend remains intact. With a bullish theme holding, attention
is on 184-07, Mar 12 high and 186-13, Mar 10 high. A breach of the bull trigger
at 183-02, Apr 22 high would confirm a resumption of gains. 179-16 is support.

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.