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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 Access(U1) Key Support Remains Intact
- RES 4: 135-23 High Feb 24
- RES 3: 135-22 2.618 proj of Jun 17 - 21 - 25 price swing
- RES 2: 135-19+ 50% Aug'20 - May'21 Sell-Off
- RES 1: 134-29/35-14 High Aug 5 / High Aug 04
- PRICE: 134-07+ @ 11:37 BST Aug 18
- SUP 1: 134-00+ 20-day EMA
- SUP 2: 133-09+/07 Low Aug 11 / Trendline drawn off the May 30 low
- SUP 3: 132-30 Low Jul 14 and high Jun 21
- SUP 4: 132-06 Low Jun 30 and Jul 1
Treasury futures are consolidating. The recent recovery from below the 50-day EMA is bullish. 133-09+, Aug 11 low marks an important support. A resumption of gains would highlight potential for retest of the Aug 4 high at 135-14 where a break would confirm a resumption of the current uptrend. On the downside, a breach of 133-09+ would expose trendline support at 133-07. Clearance of the 133-09+/07 zone would signal a reversal.
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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.