-
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
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 US Morning FI Technical Analysis
10 July 2018
By Kyle Shortland
Click below for today's MNI US Morning FI Technical Analysis Report -
http://tinyurl.com/h8pyhnq
US 5-YR FUTURE TECHS: (U18) Bulls Need Close Above 113-21+
*RES 4: 113-26 High July 6
*RES 3: 113-21+ High July 9
*RES 2: 113-19 Hourly support July 6 now resistance
*RES 1: 113-18 100-DMA, Hourly resistance July 9
*PRICE: 113-15 @ 0930GMT
*SUP 1: 113-14 21-DMA
*SUP 2: 113-12+ Low June 26
*SUP 3: 113-12 Daily Bull channel base off May low
*SUP 4: 113-08+ 55-DMA
*COMMENTARY: The lack of topside follow through Friday and failure to gain
traction on the break of 113-25+ leaves the contract looking offered. Bears look
for a close below the bull channel base to ease bullish pressure and below
113-05 to confirm traction below the 55-DMA and initially target 112-25+/29.
Bulls now need a close above 113-21+ highs from Monday to return focus to
113-26/29+.
US 10-YR FUTURE TECHS: (U18) 120-07 Resistance Key Today
*RES 4: 120-20 High July 6
*RES 3: 120-18+ Bollinger band top
*RES 2: 120-13 Hourly resistance June 12
*RES 1: 120-07 Hourly resistance July 9
*PRICE: 120-01 @ 0930GMT
*SUP 1: 119-30 Low July 3
*SUP 2: 119-26+ Low June 26
*SUP 3: 119-22+ 100-DMA
*SUP 4: 119-14+ 55-DMA
*COMMENTARY: The lack of follow through on last week's break of 120-16 has left
the contract looking offered with focus now on the 100-DMA. Bears now look for a
close below to 100-DMA to shift immediate focus to 119-13+/14+ where the 55-DMA
is noted and below 118-29+ to target 2018 lows. Bulls now need a close above
120-07 to gain breathing room and above 120-20 to confirm focus on the key
121-03/12 region.
US 30-YR FUTURE TECHS: (U18) Bulls Need Close Above 145-12
*RES 4: 146-15 Weekly Bear channel top off Sept high
*RES 3: 146-11 High July 6
*RES 2: 145-28 High July 9
*RES 1: 145-12 Low July 6 now resistance
*PRICE: 145-00 @ 0930GMT
*SUP 1: 144-16 Low July 3
*SUP 2: 144-12 21-DMA
*SUP 3: 143-30 Low June 26
*SUP 4: 143-07 100-DMA
*COMMENTARY: The contract remains offered having stalled ahead of the bear
channel top off Sept highs coming in around 146-15 today. The contract is
trading below the bull channel base (145-03) off May lows with bears now focused
on the 143-30/144-16 support region. A close below 143-30 is needed to target 55
(143-01) & 100-DMAs. Bulls look for a close above 145-12 to gain breathing room
and above 145-28 to return focus to 146-11/15.
US EURODOLLAR FUTURE TECHS: (U18) 97.520 & 100-DMA Key Levels
*RES 4: 97.640 Monthly high May 30
*RES 3: 97.595 High May 31
*RES 2: 97.561 100-DMA
*RES 1: 97.560 Repeated Daily highs June
*PRICE: 97.545 @ 0930GMT
*SUP 1: 97.529 55-DMA
*SUP 2: 97.520 Repeated Daily lows June
*SUP 3: 97.500 Low June 14
*SUP 4: 97.475 2018 Low Apr 25, May 8 & June 13
*COMMENTARY: Hesitation ahead of the 100-DMA continues with the 55-DMA having
supported the past couple of weeks. Bears need a close below 97.520 to confirm
breaks of 21 (97.536) & 55-DMAs, easing bullish with a close below 97.500 then
required to pressure the key 97.475 support. Above the 100-DMA ends bearish
hopes and shifts initial focus to 97.560 and overall focus to 97.640.
--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.