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USDCAD TECHS

Corrective Cycle Still In Play

AUDUSD TECHS

50-Day EMA Still Provides Support

EURJPY TECHS

Corrective Pullback

USDJPY TECHS

Approaching The Next Objectives

EURGBP TECHS

Attention Is On The 20-day EMA

(M9) Multi-year highs *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Multi-year highs
*RES 3: 127-26+ 61.8% 134-07+-117-13+
*RES 2: 127-00+ Sep 12 2017 high
*RES 1: 126-11 Intraday/Multi-year high
*PRICE: 126-00+ @ 16:27 GMT, May 31
*SUP 1: 125-06+ May 30 low
*SUP 2: 124-01/123-31 May 21 low/50-dma
*SUP 3: 123-00+/30 100-dma/May 3 low
Another leg lower for global equity markets kept Treasury futures on the front
foot Friday, with the 10y contract hitting fresh contract (and multi-year) highs
at 126-11. The underlying tone holds firm with next resistance seen from the Sep
12 2017 high at 127-00+, above here would see bulls focus on the 61.8%
retracement level at 127-26+. Initial downside support comes in today at
125-06+, with a break here needed to stabilise the outlook and bring the May 21
low & 50-dma back into view at 124-01/123-31.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com