Free Trial

(U17) Key 118-140/118-145.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U17) Key 118-140/118-145 Resistance Untouched As Yet
*RES 4: 118-247 Jun 14 high
*RES 3: 118-140/145 Jun 26 high, 76.4% of 118-247/117-132
*RES 2: 118-127 Aug 3 high
*RES 1: 118-092/105 Hourly resistance
*PRICE: 118-050 @0949GMT
*SUP 1: 118-035 Aug 4 low
*SUP 2: 118-010 Aug 1 low
*SUP 3: 117-302 Jul 28 low
*SUP 4: 117-265 Jul 25 low
*COMMENTARY* Unable to progress further than 118-127 last week, leaving the more
important 118-140/118-145 area untouched for the time being. The subsequent
pullback has again met with support from the top of the 118-035/118-010 area and
this currently protects against a deeper 117-302 fall, where bigger questions
are asked of this recovery. In the meantime, 118-092/118-105 bars the way to
another upside foray toward that key 118-140/118-145 area.

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.