Free Trial

(M18) 120-11 & 121-12 Levels...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) 120-11 & 121-12 Levels Key This Week
*RES 4: 122-02  Monthly High Feb 6
*RES 3: 121-29+ 100-DMA
*RES 2: 121-12  High Apr 2
*RES 1: 121-05  High Apr 4
*PRICE: 120-25+ @ 0320GMT
*SUP 1: 120-20+ 21-DMA
*SUP 2: 120-17+ 55-DMA
*SUP 3: 120-16+ Low Apr 5
*SUP 4: 120-11  Low Mar 26 & 27
*COMMENTARY: Bulls take comfort from support emerging around the 21-DMA last
week and providing the base for a bounce Friday. The 120-11 support remains key
this week. Bears still need a close below 120-11 to confirm a break of DMAs &
shift focus back to 119-14/21+. The 121-12 resistance remains key also. Bulls
need a close above this level to kick start topside momentum and initially
target 121-31+/122-02.

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.