Free Trial

###POV US 10-YR YIELD TECHS: 2.437 Key To........>

US
US: ###POV US 10-YR YIELD TECHS: 2.437 Key To Topside 
*RES 2: 2.655 - Monthly High Sept 2014
*RES 1: 2.437 - High Mar 23
*PRICE: 2.283 @ 0530GMT
*SUP 1: 2.228 - 200-WMA
*SUP 2: 2.103 - 2017 Low June 14 POV: The Long-Term technical outlook for the US
10-yr yield sees further sideways trading 2.103-2.431 according to MNI
Technicals.
- The 200-WMA is currently supporting with the 55-WMA (2.149) and 100-WMA
(2.052) below. Bears need a close below the 100-WMA to confirm a break of the
2.103 2017 low and see initial focus shift to the 1.879 weekly highs from
Oct/Nov 2016.
- The 2.437 resistance remains the key to further topside. Bulls need a close
above 2.437 to reconfirm a bullish bias, initially targeting 2.655 Sept 2014
monthly highs with overall focus on the bull channel top 3.147.
- Please click for the chart https://tinyurl.com/y9kqegkm

To read the full story

Close

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.