CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(M4) Trend Needle Points South

US 10YR FUTURE TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets
  • RES 4: 110-06 High Apr 4
  • RES 3: 109-26+ High Apr 10
  • RES 2: 109-15 50-day EMA
  • RES 1: 108-14 20-day EMA
  • PRICE: 107-17+ @ 19:25 BST Apr 30
  • SUP 1: 107-04 Low Apr 25
  • SUP 2: 106-27 2.764 proj of Dec 27 - Jan 19 - Feb 1 price swing
  • SUP 3: 106-11+ Base of a bear channel drawn from the Feb 1 low
  • SUP 4: 106-08 3.00 proj of Dec 27 - Jan 19 - Feb 1 price swing

Treasuries are trading lower today. The trend outlook is unchanged and the condition remains bearish. The contract traded to a fresh cycle low last week and moving average studies are in a bear-mode set-up too, highlighting a clear downtrend. Note too that the recent consolidation appears to have been a flag formation - a bearish continuation pattern. Sights are on 106-27 next, a Fibonacci projection. Firm resistance is 108-14, the 20-day EMA.

148 words

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.
  • RES 4: 110-06 High Apr 4
  • RES 3: 109-26+ High Apr 10
  • RES 2: 109-15 50-day EMA
  • RES 1: 108-14 20-day EMA
  • PRICE: 107-17+ @ 19:25 BST Apr 30
  • SUP 1: 107-04 Low Apr 25
  • SUP 2: 106-27 2.764 proj of Dec 27 - Jan 19 - Feb 1 price swing
  • SUP 3: 106-11+ Base of a bear channel drawn from the Feb 1 low
  • SUP 4: 106-08 3.00 proj of Dec 27 - Jan 19 - Feb 1 price swing

Treasuries are trading lower today. The trend outlook is unchanged and the condition remains bearish. The contract traded to a fresh cycle low last week and moving average studies are in a bear-mode set-up too, highlighting a clear downtrend. Note too that the recent consolidation appears to have been a flag formation - a bearish continuation pattern. Sights are on 106-27 next, a Fibonacci projection. Firm resistance is 108-14, the 20-day EMA.