Free Trial
USDCAD TECHS

Retracement Extends

AUDUSD TECHS

Move Lower Likely A Correction

EURJPY TECHS

Approaching The 20-Day EMA

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
US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U0) Bullish Conditions Intact
*RES 4: 126-04+ 0.764 projection of Jun 5 - 15 rally from Jun 16 low
*RES 3: 126-00 Round number resistance
*RES 2: 125-31+ 0.618 projection of Jun 5 - 15 rally from Jun 16 low
*RES 1: 125-28+ High Jul 10 and near-term bull trigger
*PRICE: 125-242 @ 11:21 BST, Jul 16
*SUP 1: 125-166 Low Jul 2 and key near-term support
*SUP 2: 125-096 Low Jun 16 and a reversal trigger
*SUP 3: 125-03 Low Jun 10
*SUP 4: 124-276 Low Jun 9
5yr futures are unchanged and continue to trade below 125.28+, Jul 10 high.
Bullish conditions remain intact. Recent gains resulted in a breach of 125-272,
Mar 30 high to confirm a resumption of the underlying uptrend. From a trend
perspective, the move higher has resumed the positive price sequence of higher
highs and higher lows that defines an uptrend. The focus is on 125-31+, a
Fibonacci projection. Key support is at 125-166.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.