Free Trial

(U18) Bulls Back In Charge.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Bulls Back In Charge
*RES 4: 120-200 High Jul 6 
*RES 3: 120-135 High Jul 19 
*RES 2: 120-050 Downtrend support from May 30 high 
*RES 1: 119-305 Former support Jul 20 
*PRICE: 119-295 @ 06:16 GMT 
*SUP 1: 119-160 Hourly low Aug 9
*SUP 2: 119-020 Low Aug 1 
*SUP 3: 119-000 Support 
*SUP 4: 118-295 Low Jun 13 
The 10-Year Future is pushing above medium term pivotal resistance in the
119-270/275 area which looks set to provide an outright bullish technical
signal. The impulsive structure of Thursday's rebound is consistent with further
gains levels. Initial support is now located at 119-16 and a move below here
returns the bond to range trading with a risk towards the 119-020 August 1 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.