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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.
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Free AccessKey Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
(M2) Trend Needle Still Points South
- RES 4: 123-04 High Mar 31 and a key resistance
- RES 3: 122-12+ High Apr 4
- RES 2: 121-06+/09 20-day EMA / High Apr 14 and a key resistance
- RES 1: 120-00+ High Apr 18
- PRICE: 119-07 @ 11:04 BST Apr 21
- SUP 1: 118-19+ Low Apr 20
- SUP 2: 118-02+ 0.618 proj of the Mar 7 - 28 - 31 price swing
- SUP 3: 117-22+ Low Nov 8 2018 (cont)
- SUP 4: 116-28 0.764 proj of the Mar 7 - 28 - 31 price swing
Treasuries remain soft and futures are trading closer to recent lows. Yesterday's sell-off resulted in a fresh cycle low of 118-19+. This confirms a resumption of the primary downtrend and an extension of the price sequence of lower lows and lower highs. Moving average studies also point south. The focus is on 118-02+ next, a Fibonacci projection. Initial firm resistance is unchanged at 121-09, the Apr 14 high.
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Why MNI
MNI is the leading provider
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