Free Trial

(U0) Bullish Focus *RES 4:.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) Bullish Focus
*RES 4: 139-25 Contract high, Mar 25
*RES 3: 139-13+ 16 High May 15 / High Apr 21 and key resistance
*RES 2: 139-07+ High Jun 1
*RES 1: 139-03+ High Jun 11
*PRICE: 138-16+ @ 16:42 BST, Jun 17
*SUP 1: 137-22 Low Jun 10
*SUP 2: 136-22 Low Jun 5 and the bear trigger
*SUP 3: 136-20 Low Mar 25
*SUP 4: 136-10+ 2.000 projection of Apr 21 - May 6 swing from May 15 high
10yr futures continue to trade below recent highs. The outlook is unchanged and
remains bullish. The focus is on 139-07+, Jun 1 high where a break would erase a
recent bearish theme and open 139-13+ and 139-16, the May 22 and Apr 21 highs
respectively ahead of major resistance at 139-25. This is the contract high from
Mar 25. For bears to regain control, prices need to clear support at 136-22, May
6 low.

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.