-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Market AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroCentral Bank PreviewsCentral Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI Asian Morning FI Technical Analysis
23 February 2018
By Kyle Shortland
Click below for today's MNI FI Technical Analysis Report -
http://tinyurl.com/phluope
AUSSIE 3-YR TECHS: (H18) 97.790 Support Reconfirms Significance
*RES 4: 97.950 - High Dec 15
*RES 3: 97.905 - 2018 High Jan 8
*RES 2: 97.903 - 100-DMA
*RES 1: 97.890 - High Feb 9
*PRICE: 97.885 @ 2030GMT
*SUP 1: 97.860 - Low Feb 22
*SUP 2: 97.835 - Hourly support Feb 21
*SUP 3: 97.790 - Low Feb 8
*SUP 4: 97.755 - Low Feb 5
*COMMENTARY: The 97.790 support reconfirmed significance with yet another dip
back towards this level running into support and the resulting bounce seeing
immediate pressure back on 97.890-905 where the 100-DMA is noted. Bulls look for
a close above to shift focus to 97.950-981 where the 200-DMA is noted. The
97.790 support remains key. Bears still need a close below 97.790 to return
focus to 97.690-705 with a close below 97.755 to add weight to their case.
AUSSIE 10-YR TECHS: (H18) Gaining Traction Above Bear Channel Top
*RES 4: 97.2490 - 55-DMA
*RES 3: 97.2350 - High Feb 6
*RES 2: 97.2000 - High Feb 7
*RES 1: 97.1850 - High Feb 9
*PRICE: 97.1650 @ 2030GMT
*SUP 1: 97.1550 - Hourly support Feb 22
*SUP 2: 97.1250 - Low Feb 22
*SUP 3: 97.1050 - Hourly support Feb 21
*SUP 4: 97.0800 - Low Feb 21
*COMMENTARY: Bullish confidence grows with H18 currently gaining traction above
the daily bear channel top (97.1550). Bulls continue to look for a close above
97.2000 to shift initial focus to 97.2350-2780 where 55 (97.2490) & 100
(97.2780) DMAs are situated. Bears now look for a close below 97.1250 to ease
pressure on resistance layers and shift focus back to 97.0450-0800 where 2018
lows are situated.
US 10-YR FUTURE TECHS: (H18) 120-19+/120-27 Resistance Key Today
*RES 4: 121-23 Hourly resistance Feb 6
*RES 3: 121-08 Hourly support Feb 9 now resistance
*RES 2: 120-27 Low Feb 13 now resistance
*RES 1: 120-19+ High Feb 21
*PRICE: 120-11+ @ 0530GMT
*SUP 1: 120-01 2018 Low Feb 15
*SUP 2: 119-24+ Daily Bear channel base
*SUP 3: 119-24 Low Apr 21 2011
*SUP 4: 118-24 Low Apr 13 2011
*COMMENTARY: The lack of follow through Thursday leaves a double daily bottom
120-01/02. Bears look for a close below 119-24 to confirm a break of the bear
channel base and focus on 117-29/118-24 last seen in 2011. Bulls need a close
above 120-27 to gain breathing room and above 121-23 to hint at a correction to
122-20/123-05+ with the 55-DMA at 122-21+. The Bollinger base (119-26) & O/S
studies are concerns for bears.
JGB TECHS: (H18) Above 151.02 To Initially Target 151.19-37
*RES 4: 151.19 - Monthly High Nov 22
*RES 3: 151.02 - Monthly High Dec 4
*RES 2: 150.98 - 100-WMA
*RES 1: 150.97 - Daily Bear channel top
*PRICE: 150.92 @ 2030GMT
*SUP 1: 150.85 - High Feb 21 now support
*SUP 2: 150.76 - Low Feb 22
*SUP 3: 150.71 - High Feb 15 now support
*SUP 4: 150.62 - 100-DMA
*COMMENTARY: Fresh 2018 and 2mth highs continue with bulls now focused on
150.97-151.02 where the daily bear channel top is noted. A close above 151.02 is
needed to shift focus to 151.19-37. Daily studies now at O/B levels is the key
concern for bulls. In saying that, bears now need a close below 150.85 to ease
pressure on resistance layers and below 150.71 to return initial focus to
150.47-51. Below 150.36 is needed to shift focus back to 150.09 2018 lows.
--MNI Beijing Bureau; tel: +44 207-862-7435; email: kyle.shortland@mni-news.com
[TOPICS: MTABLE]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.