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MNI US Morning FI Technical Analysis

13 October 2017
By Kyle Shortland
Click below for today's MNI US Morning FI Technical Analysis Report -
http://tinyurl.com/h8pyhnq
US 5-YR FUTURE TECHS: (Z17) 117-090 Support Remains Key
*RES 4: 117-212 - High Oct 4 
*RES 3: 117-187 - 21-DMA 
*RES 2: 117-180 - High Oct 5 
*RES 1: 117-160 - High Oct 10
*PRICE: 117-137 @ 0930GMT
*SUP 1: 117-122 - Hourly support Oct 13
*SUP 2: 117-090 - Low Oct 9
*SUP 3: 117-050 - Bollinger band base
*SUP 4: 117-035 - Low July 7
*COMMENTARY: Sideways trading 117-090/160 has defined so far this week with
bears continuing to look for a close below the key 117-090 support to reconfirm
a bearish bias and target 116-092/117-035. Layers of resistance remain
117-160/212 with bulls needing a close above 117-212 to confirm a break of the
21-DMA and shift focus to the 117-280/118-010 region where 100 (117-280) & 55
(117-317) DMAs are located.
US 10-YR FUTURE TECHS: (Z17) 125-230 Resistance Remains Key
*RES 4: 125-300 - 100-DMA 
*RES 3: 125-230 - Low Sept 25 now resistance 
*RES 2: 125-190 - High Oct 4 
*RES 1: 125-170 - 21-DMA
*PRICE: 125-135 @ 0930GMT
*SUP 1: 125-110 - Hourly support Oct 13
*SUP 2: 125-050 - Hourly support Oct 11
*SUP 3: 124-310 - Hourly support Oct 9
*SUP 4: 124-265 - Bollinger band base
*COMMENTARY: Higher daily lows this week see pressure now on the 21-DMA and the
125-230 resistance remaining key. Bulls need a close above 125-230 to initially
shift focus to tests of 125-300/126-090. Layers of support are building and
adding to bullish confidence. Bears now need a close below 125-110 to gain
breathing room and below 124-310 to end correction talk and reconfirm bearish
focus on 124-140 July lows.
US 30-YR FUTURE TECHS: (Z17) 55-DMA Resistance Remains Key
*RES 4: 154-04 - 55-DMA 
*RES 3: 153-20 - 100-DMA 
*RES 2: 153-16 - Low Sept 20 now resistance 
*RES 1: 153-10 - 21-DMA
*PRICE: 153-05 @ 0930GMT
*SUP 1: 152-30 - Hourly support Oct 13
*SUP 2: 152-09 - Hourly support Oct 11
*SUP 3: 152-02 - Low Oct 11
*SUP 4: 151-27 - Hourly support Oct 9
*COMMENTARY: Immediate pressure has shifted to the 21-DMA with the 153-10/154-04
resistance region key. Bulls continue to look for a close above the 55-DMA to
end bearish hopes and initially target 155-04/18. Layers of support are building
with bears now needing a close below 152-30 to ease immediate bullish pressure
and below 151-27 to reconfirm the bearish bias and target 150-11/151-07 where
July lows are noted.
US EURODOLLAR TECHS: (Z17) 98.495 Remains Key
*RES 4: 98.545 - High Sept 20 
*RES 3: 98.525 - Repeated daily highs Sept 
*RES 2: 98.516 - 200-DMA 
*RES 1: 98.495 - High Oct 6
*PRICE: 98.485 @ 0930GMT
*SUP 1: 98.470 - Low Apr 24
*SUP 2: 98.445 - Low Apr 10
*SUP 3: 98.425 - Low Mar 31
*SUP 4: 98.380 - Low Mar 16
*COMMENTARY: The break of the daily bear channel top has so far lacked follow
through. Bulls continue to look for a close above 98.495 to ease immediate
bearish pressure and above 98.525 to confirm breaks of 21 (98.505) & 200
(98.516) DMAs, shifting immediate focus to 98.545-565. The 98.470 support
remains key. Bears still need a close below 98.470 to retain focus on
98.380-425.
--MNI Beijing Bureau; tel: +44 207-862-7435; email: kyle.shortland@mni-news.com
[TOPICS: MTABLE]

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