© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Trudeau Blames NIMBYs For National Housing Squeeze

MNI BRIEF: Fed Must Keep Higher Rate Through Next Year- IMF

MNI: Canada's 2022-23 Budget Deficit Is Near Forecast

MNI: TREASURY GENERAL ACCOUNT $38.8B MAY 25 VS $49.5B PREV DAY

MNI DATA FORECASTS: EZ Inflation, US Payrolls In Focus

EZ/UK Bond Supply Calendar: Italy BTP/CCTeu Auction on Tuesday

(RPT)MNI INTERVIEW: Fed Needs Better QE Guardrails-Fed Adviser

MNI: Canada Resilient To US Debt Ceiling Clash- Freeland

MNI BRIEF: BOC Defends 2% Target, Senate Asks About Raising It

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 Access
Trending Top 5
Market News Topics

Tests Resistance At The 50-Day EMA

US 10YR FUTURE TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income News
  • RES 4: 114-06+ 61.8% retracement of the Feb 2 - Mar 2 bear leg
  • RES 3: 114-00 High Feb 14
  • RES 2: 113-15+ 50.0% retracement of the Feb 2 - Mar 2 bear leg
  • RES 1: 113-04 Intraday high
  • PRICE: 112-21+ @ 14:17 GMT Mar 10
  • SUP 1: 111-30/111-20+ 20-day EMA / Intraday low
  • SUP 2: 110-20+ Low Mar 8
  • SUP 3: 110-12+ Low Mar 02 and the bear trigger
  • SUP 4: 110-06 3.00 proj of the Jan 19 - Jan 30 - Feb 2 price swing

Treasury futures traded higher Thursday and the contract has also rallied today, as price extends the current corrective bull phase. Price has breached the 20-day EMA and the continuation higher has resulted in a test of resistance at the 50-day EMA. The average intersects at 112-31+. A clear break would open 113-15+, a Fibonacci retracement. On the downside, initial support is seen at today’s 111-20+ intraday low.

151 words

To read the full story

Why Subscribe to

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.
  • RES 4: 114-06+ 61.8% retracement of the Feb 2 - Mar 2 bear leg
  • RES 3: 114-00 High Feb 14
  • RES 2: 113-15+ 50.0% retracement of the Feb 2 - Mar 2 bear leg
  • RES 1: 113-04 Intraday high
  • PRICE: 112-21+ @ 14:17 GMT Mar 10
  • SUP 1: 111-30/111-20+ 20-day EMA / Intraday low
  • SUP 2: 110-20+ Low Mar 8
  • SUP 3: 110-12+ Low Mar 02 and the bear trigger
  • SUP 4: 110-06 3.00 proj of the Jan 19 - Jan 30 - Feb 2 price swing

Treasury futures traded higher Thursday and the contract has also rallied today, as price extends the current corrective bull phase. Price has breached the 20-day EMA and the continuation higher has resulted in a test of resistance at the 50-day EMA. The average intersects at 112-31+. A clear break would open 113-15+, a Fibonacci retracement. On the downside, initial support is seen at today’s 111-20+ intraday low.