Trial now
JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

MNI Asian Morning FI Technical Analysis

14 September 2017
By Kyle Shortland
     
Click below for today's MNI FI Technical Analysis Report -
http://tinyurl.com/phluope
AUSSIE 3-YR TECHS: (U17) Below 97.930 to Target 97.810-860 
*RES 4: 98.059 - 200-DMA 
*RES 3: 98.050 - High Aug 30 
*RES 2: 98.016- Daily Bear channel top 
*RES 1: 97.980 - High Sept 13
*PRICE: 97.960 @ 2130GMT
*SUP 1: 97.950 - Low Sept 13 
*SUP 2: 97.930 - Low Aug 31 
*SUP 3: 97.900 - Low July 21 
*SUP 4: 97.875 - 200-WMA
*COMMENTARY: The daily bear channel top continues to cap attempts to rally with
the contract remaining heavy. Bears still need a close below 97.930 to reconfirm
the bearish bias and shift focus to tests of 97.810-860. Daily studies are well
placed for further losses with the Bollinger base (97.957) the key concern for
bears. Bulls now need a close above 97.980 to gain breathing room and above the
bear channel top to shift focus to 98.050-090.
AUSSIE 10-YR TECHS: (U17) Closes Below 200-DMA 
*RES 4: 97.4500 - High Sept 8
*RES 3: 97.4075 - Hourly support Sept 8 now resistance
*RES 2: 97.3725 - Hourly resistance Sept 12
*RES 1: 97.3400 - Low Sept 7 now resistance
*PRICE: 97.3125 @ 2130GMT
*SUP 1: 97.3100 - Hourly resistance Aug 30 now support
*SUP 2: 97.2949 - Bollinger band base
*SUP 3: 97.2500 - Low July 27
*SUP 4: 97.2100 - Monthly Low July 20
*COMMENTARY: The contract remains heavy with the close below the 200-DMA
(97.3188), albeit marginally, adding weight to the bearish case for a test of
the 97.2100-2500 support region. Bears look for a close below 97.2100 to confirm
overall focus to tests of 2017 lows. Daily studies are well placed for a fresh
leg lower with the Bollinger base (97.2949) the key concern for bears. Bulls
look for a close above 97.3400 to gain breathing room.
US 10-YR FUTURE TECHS: (Z17) Focus Now On 125-310/126-060
*RES 4: 127-120 - Low Sept 8 now resistance 
*RES 3: 127-050 - Hourly resistance Sept 11 
*RES 2: 126-270 - Hourly resistance Sept 12 
*RES 1: 126-180 - Hourly resistance Sept 13
*PRICE: 126-140 @ 2130GMT
*SUP 1: 126-130 - Low Sept 13
*SUP 2: 126-060 - Low Aug 23
*SUP 3: 126-010 - Low Aug 17
*SUP 4: 125-310 - 55-DMA
*COMMENTARY: The lack of topside follow through Friday has resulted in a close
below the bull channel base (126-170) and bearish focus now on 125-310/126-060
where the 55-DMA is located. Daily studies have room to move before O/S becomes
an issue. Layers of resistance continue to build and weigh with bulls needing a
close above 126-270 to gain breathing room and above 127-190 to reconfirm focus
on 127-280/128-220.
US 10-YR YIELD TECHS: 2.118-171 Support Region Key
*RES 4: 2.242 - 100-DMA 
*RES 3: 2.236 - 55-DMA 
*RES 2: 2.229 - Hourly resistance Aug 17 
*RES 1: 2.206 - Hourly support Aug 23 now resistance
*PRICE: 2.194 @ 2130GMT
*SUP 1: 2.171 - Hourly resistance Sept 13 now support 
*SUP 2: 2.143 - Hourly support Sept 12 
*SUP 3: 2.118 - Hourly support Sept 11 
*SUP 4: 2.096 - Hourly breakout level Sept 11
*COMMENTARY: Bulls take comfort as they gain traction above the 21-DMA (2.158)
and focus on the 2.206-2.242 region where 55 & 100-DMAs are located. Daily
studies have room to move before O/B becomes an issue. Layers of support
continue to build with bears needing a close below 2.171 to gain breathing room
and below 2.118 to ease renewed bullish pressure and shift initial focus back to
2.075. Above the 100-DMA initially pressures the bear channel top (2.266).
JGB TECHS: (Z17) 151.09-26 Resistance Region Key 
*RES 4: 151.37 - High Sept 8
*RES 3: 151.26 - High Sept 11
*RES 2: 151.09 - Hourly support Sept 12 now resistance
*RES 1: 150.99- Hourly resistance Sept 12
*PRICE: 150.90 @ 2130GMT
*SUP 1: 150.82 - 100-WMA 
*SUP 2: 150.79 - Low Sept 13 
*SUP 3: 150.66 - Low Aug 23 
*SUP 4: 150.58 - 100-DMA
*COMMENTARY: The correction lower continues with the dip below the daily bull
channel base (150.88) having lacked follow through. Bears now look for a close
below 150.79 to confirm a break of the 100-WMA and bull channel base and
pressure the 150.42-66 region where key DMAs are situated. Bulls continue to
look for a close above 151.09 to ease bearish pressure and above 151.26 to shift
focus back to 2017 highs.
--MNI Beijing Bureau; tel: +44 207-862-7435; email: kyle.shortland@mni-news.com
[TOPICS: MTABLE]