Free Trial

(M18) Key 113-180/113-170.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M18) Key 113-180/113-170 Support Gives Way
*RES 4: 113-310 Apr 17 high
*RES 3: 113-257 Apr 16 low, now resistance
*RES 2: 113-190 Mar 21 low, now resistance
*RES 1: 113-172 Apr 19 low, now resistance
*PRICE: 113-107 @1004GMT
*SUP 1: 113-090 Apr 23 low
*SUP 2: 112-290 Equality fall from 114-207 to 115-127/113-210
*SUP 3: 112-210 Equality fall from 118-320 to 122-285/116-155
*SUP 4: 112-195 1% volatility band
*COMMENTARY* The loss of pivotal 113-272 support last week returned overall bias
to the downside and has been followed by a break of the key 113-180/113-170
area. A low of 113-090 so far, as we approach 112-290, the first of two equality
fall targets. As a consequence, resistance drops to 113-172/113-190 but
requiring back above 113-257 to currently provide any upside enthusiasm.

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.