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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]
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