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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 AccessMNI ASIA MARKETS ANALYSIS: Dollar Dips On US Consumer Concerns
MNI Credit Weekly: Broad-based Strength
(U18) Testing Support *RES.....>
US 30YR FUTURE TECHS: (U18) Testing Support
*RES 4: 146-15 Top of 6-month trend channel
*RES 3: 146-11 Jul 6 5-month high
*RES 2: 146-08 200-dma (Generic)
*RES 1: 145-24 Aug 22 high
*PRICE: 144-16 @10:33 GMT
*SUP 1: 144-08 Aug 29 low
*SUP 2: 143-22 Trendline resistance-turned-support
*SUP 3: 143-19 Top end of Jul 24-Aug 9 range
*SUP 4: 141-27 Aug 1 low
The 30-Yr contract has tested, but rebounded from initial support at 144-08,
maintaining the bullish structure developed from early August lows. Holding
above here and 143-18 is key to keep focus on upper end of recent range at
145-29. However, technical indicators point to fading momentum, meaning a break
higher at this stage could be difficult. A break below 143-18 would develop a
bearish technical signal, putting focus on the 141-27 early August low.
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Sign up now for free trial access to this content.
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.