Free Trial

(M18) 120-080/120-065 Area.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) 120-080/120-065 Area Becomes Pivotal To Direction
*RES 4: 121-035 Apr 11 high
*RES 3: 120-310 Apr 12 high
*RES 2: 120-215 Apr 10 low, now resistance
*RES 1: 120-165 Apr 5 low, now resistance
*PRICE: 120-120 @1004GMT
*SUP 1: 120-080 Equality fall from 121-035 to 121-120/120-165
*SUP 2: 120-065/075 Feb 16 high, Apr 16 low
*SUP 3: 120-025 Mar 19 low
*SUP 4: 119-265 Mar 6, Mar 9 lows
*COMMENTARY* The move back above 120-230 on Mar 23 was the first inkling of an
upside revival which was carried on by the further rise through 120-280 at the
beginning of the month. A high of 121-120 just shy of the next resistance of
real note, the 76.4% Fibo retrace level at 121-145. Meanwhile, support from
120-250/120-230 has been lost, the lower 120-080/120-065 area now exposed, this
is anticipated to stay out of trouble, if gains are to continue. 

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.