Trial now
FOREX

FX OPTION EXPIRY

POLAND

NBP Shifting Towards a November Hike?

BONDS

Gilt/Bund spread is wider in early trade

(M9) Downside Potential *RES...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Downside Potential
*RES 4: 131-00 Nov 9, 2016 high 
*RES 3: 128-03+ Sep 8 2017 high 
*RES 2: 125-26+ 50% retracement of 134-07+-117-13+ 
*RES 1: 124-31+ Mar 27 high 
*PRICE: 123-18 @ 06:10 GMT, Apr 3 
*SUP 1: 123-16+ Low Apr 1 
*SUP 2: 123-10+ Low Mar 22 
*SUP 3: 122-23 Low Mar 21 
*SUP 4: 122-12 Low March 12 
Renewed risk appetite is weighing on 10-Yr futures which are testing Monday's
low at 123-16+. A break below here would build downside momentum towards the
March 22 low at 123-10+ and the March 21 low at 122-23. To regain the upper hand
bulls need to recover the March 27 high at 124-31+. Above here would reignite
upside momentum towards the 50% retracement level of the 134-07+-117-13+ move
which comes in at 125-26+.