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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.
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Free AccessTECHS: Sharp Uptrend Giving Way *RES...>
US TSYS/10Y: TECHS: Sharp Uptrend Giving Way
*RES 4: 3.6132 High April 2011
*RES 3: 3.3956 Apr 5 2011 low, now resistance
*RES 2: 3.3000 Channel top from Dec 2016 high
*RES 1: 3.2594 High Oct 9
*PRICE: 3.1733 @ 06:35 GMT, Oct 23
*SUP 1: 3.1448 21-dma
*SUP 2: 3.1261 May 18 high, now support
*SUP 3: 3.1113 High Sep 25
*SUP 4: 3.0139 Aug 1 high, now support
US 10-year yields are coming under downside pressure following the break of up
trendline support from the Sep lows. The 21-dma is the next level of support at
3.1448%, and a break below here would allow bears to target the key May 18 high
at 3.1261%, now acting as support. Bulls look to reclaim 3.2% to keep the Oct 9
high at 3.2594% alive.
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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.