Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

(M18) 121-01+ Resistance.......>

US 10YR FUTURE TECHS: (M18) 121-01+ Resistance Remains Key
*RES 4: 121-19+ 55-DMA
*RES 3: 121-01+ High Feb 7
*RES 2: 120-19+ Daily Bear channel top (off Jan 2 high)
*RES 1: 120-14+ Hourly resistance Mar 7
*PRICE: 120-01 @ 2030GMT
*SUP 1: 119-21  Repeated Daily lows Feb
*SUP 2: 119-14  Monthly Low Feb 15
*SUP 3: 118-24  Low Apr 13 2011
*SUP 4: 118-15+ Daily Bear channel base
*COMMENTARY: Bulls failed to capitalise on gains with the contract remaining
capped ahead of the bear channel top. Bulls still need a close above 121-01+ to
shift initial focus to 121-19+/122-02 where the 55-DMA is located. The break of
120-00 Monday adds to bearish confidence with a close below 119-21 remaining
needed to confirm focus on 118-15+/24 where the bear channel base that has
defined 2018 so far is noted.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.