-
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 Markets 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
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 MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central 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
Close
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.
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 AccessTrending Top 5
Market News Topics
March 05, 2018 20:44 GMT
MNI Asian Morning FI Technical Analysis
6 March 2018
By Kyle Shortland
Click below for today's MNI FI Technical Analysis Report -
http://tinyurl.com/phluope
AUSSIE 3-YR TECHS: (H18) 55-DMA & 98.015 Levels Key
*RES 4: 98.015 - Alternating daily support resistance
*RES 3: 97.986 - 200-WMA
*RES 2: 97.970 - 200-DMA
*RES 1: 97.955 - High Dec 15
*PRICE: 97.900 @ 2030GMT
*SUP 1: 97.875 - Low Mar 1
*SUP 2: 97.835 - 55-DMA
*SUP 3: 97.790 - Low Feb 8
*SUP 4: 97.755 - Low Feb 5
*COMMENTARY: Support emerging on dips ensures that focus remains on layers of
resistance 97.955-98.015 with key MAs and the daily bear channel top off June
highs situated in this region. Bulls need a close above 98.015 to shift initial
focus to 98.111-132 where the 100-WMA and Nov highs are noted. Bears continue to
look for a close below the 55-DMA to ease bullish pressure and below 97.790 to
return initial focus to tests of 2018 lows (97.690).
AUSSIE 10-YR TECHS: (H18) 21 & 200-DMAs Key This Week
*RES 4: 97.3211 - 200-DMA
*RES 3: 97.3182 - 55-WMA
*RES 2: 97.3050 - High Mar 2
*RES 1: 97.2450 - Hourly support Mar 1 now resistance
*PRICE: 97.2200 @ 2230GMT
*SUP 1: 97.2197 - 55-DMA
*SUP 2: 97.1950 - Low Feb 28
*SUP 3: 97.1750 - Hourly resistance Feb 23 now support
*SUP 4: 97.1686 - 21-DMA
*COMMENTARY: Bulls take comfort in support emerging on dips back towards 97.175.
In saying that, bulls still need a close above the 200-DMA to hint at a move
back to 97.5200 Dec highs and above 97.3850 2018 highs to confirm. Bears now
need a close below the 21-DMA to shift focus back to 97.0167-0450 where 2018
lows and the LT bull channel base off 2008 lows are noted.
US 10-YR FUTURE TECHS: (M18) 121-01+ Resistance Remains Key
*RES 4: 121-24+ 55-DMA
*RES 3: 121-01+ High Feb 7
*RES 2: 120-24+ Daily Bear channel top (off Jan 2 high)
*RES 1: 120-07 Hourly support Mar 2 now resistance
*PRICE: 120-00+ @ 2030GMT
*SUP 1: 119-21 Repeated Daily lows Feb
*SUP 2: 119-14 Monthly Low Feb 15
*SUP 3: 118-24 Low Apr 13 2011
*SUP 4: 118-21 Daily Bear channel base
*COMMENTARY: Bulls failed to capitalise on gains with the contract remaining
capped ahead of the bear channel top. Bulls still need a close above 121-01+ to
shift initial focus to 121-24+/122-02 where the 55-DMA is located. The break of
120-00 adds to bearish confidence with a close below 119-21 remaining needed to
confirm focus on 118-21/24 where the bear channel base is noted.
US 10-YR YIELD TECHS: Bulls Gain Breathing Room
*RES 4: 3.041 - 2014 High Jan 2
*RES 3: 2.957 - 2018 High Feb 21
*RES 2: 2.946 - Bollinger band top
*RES 1: 2.925 - High Feb 27
*PRICE: 2.884 @ 2030GMT
*SUP 1: 2.875 - Hourly resistance Feb 28 now support
*SUP 2: 2.793 - Low Mar 2
*SUP 3: 2.786 - Low Feb 9
*SUP 4: 2.758 - Low Feb 7
*COMMENTARY: The lack of topside follow through on 2018 & 4yr highs was less
than ideal for bulls who were focused on 3.041 2014. Bears have so far failed to
capitalise on last week's sell-off with the yield bouncing from ahead of key
supports. Bears look for a close below 2.758 to end bullish hopes and shift
focus back to 2.609-648 where the 55-DMA is noted. Bulls need a close above
2.957 to reconfirm focus on 3.041.
JGB TECHS: (H18) Above 151.19 To Target 2017 High
*RES 4: 151.51 - 2017 High Sept 8
*RES 3: 151.19 - Monthly High Nov 22
*RES 2: 151.17 - Bollinger band top
*RES 1: 151.15 - 2018 High Mar 2
*PRICE: 151.04 @ 2030GMT
*SUP 1: 150.89 - Hourly resistance Mar 2 now support
*SUP 2: 150.73 - Hourly support Mar 2
*SUP 3: 150.55 - Low Mar 2
*SUP 4: 150.51 - Low Feb 15
*COMMENTARY: Last week's volatility has resulted in pressure returning to the
151.17-19 region where the Bollinger band top is situated. Bulls continue to
look for a close above 151.19 to initially target 151.51 2017 highs. The
Bollinger band top is the key concern for bulls with potential to limit follow
through. Bears now need a close below 150.89 to ease bullish pressure and below
150.47 to target 2018 lows.
--MNI Beijing Bureau; tel: +44 207-862-7435; email: kyle.shortland@mni-news.com
[TOPICS: MTABLE]
To read the full story
Close
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.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok