Free Trial

(U18) 119-13+ Support Now......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) 119-13+ Support Now Key Today
*RES 4: 120-24  Hourly resistance May 30a
*RES 3: 120-16  Hourly resistance May 30
*RES 2: 120-06  High June 19
*RES 1: 119-30+ High June 20
*PRICE: 119-24+ @ 0430GMT
*SUP 1: 119-13+ Low June 21
*SUP 2: 119-09  Hourly resistance June 13 now support
*SUP 3: 118-29  Low June 13
*SUP 4: 118-19  High May 22 now support
*COMMENTARY: Bulls take comfort in the lack of downside follow through on the
break of 119-14+. Bears now look for a close below 119-13+ to confirm breaks of
21 (119-22+) & 55 (119-14+) DMAs, easing bullish pressure, and below 118-29+ to
shift initial focus back to 2018 lows. Bulls still need a close above 119-30+ to
gain breathing room and above 120-06 to confirm focus on 112-03/12+.

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.