Free Trial
US 10YR FUTURE TECHS

(M2)‌‌ Clears Resistance

EURUSD TECHS

Extends Gains Inside The Bear Channel

US

Reverse Repo Operation

US TSY FUTURES

Jun Futures Roll Update: Over 30% Complete

US TSY OPTIONS

10Y Vol Sale

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

(M2)‌‌ Corrective Bounce Extends

US 10YR FUTURE TECHS
  • RES 4: 122-12+ High Apr 4
  • RES 3: 121-16 50-day EMA
  • RES 2: 121-09 High Apr 14
  • RES 1: 120-01/120-18+ High Apr 28 / High Apr 27
  • PRICE: 119-27+ @ 11:14 BST May 12
  • SUP 1: 118-03+/117-08+ Low May 11 / Low May 9 and a bear trigger
  • SUP 2: 116-28 0.764 proj of the Mar 7 - 28 - 31 price swing
  • SUP 3: 116-09+ 2.0% 10-dma envelope
  • SUP 4: 116.00 Round number support

The primary downtrend in Treasuries remains intact, however a corrective (bullish) cycle has been established and this suggests potential for gains near-term. The contract has traded above the 20-day EMA, at 119-10+, and this opens 120-18+, the Apr 27 high. This level represents an important short-term resistance where a break would signal scope for a stronger retracement. Key support and the bear trigger is at 117-08+.

137 words

To read the full story

Why Subscribe to

MarketNews.com

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.
  • RES 4: 122-12+ High Apr 4
  • RES 3: 121-16 50-day EMA
  • RES 2: 121-09 High Apr 14
  • RES 1: 120-01/120-18+ High Apr 28 / High Apr 27
  • PRICE: 119-27+ @ 11:14 BST May 12
  • SUP 1: 118-03+/117-08+ Low May 11 / Low May 9 and a bear trigger
  • SUP 2: 116-28 0.764 proj of the Mar 7 - 28 - 31 price swing
  • SUP 3: 116-09+ 2.0% 10-dma envelope
  • SUP 4: 116.00 Round number support

The primary downtrend in Treasuries remains intact, however a corrective (bullish) cycle has been established and this suggests potential for gains near-term. The contract has traded above the 20-day EMA, at 119-10+, and this opens 120-18+, the Apr 27 high. This level represents an important short-term resistance where a break would signal scope for a stronger retracement. Key support and the bear trigger is at 117-08+.