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Sino-U.S. Tensions Headline In Asia

FOREX

USD Firmer Across The Board

SCHATZ TECHS

(U2) Trades Through The 50-Day EMA

BOBL TECHS

(U2) Clears Trendline Support

EQUITIES

Lower In Asia After FOMC Minutes

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(U2)‌‌ Approaching Trendline Support

US 10YR FUTURE TECHS
Fixed Income Technical Analysismarkets-real-timeBulletMarketsFixed Income
  • RES 4: 123-13+ 1.764 proj of the 14 - 23 - 28 price swing
  • RES 3: 122-29+ High Mar 31
  • RES 2: 122-26+ 2.0% 10-dma envelope
  • RES 1: 120-29/122-02 High Aug 4 / High Aug 02
  • PRICE: 119-15 @ 17:50 BST Aug 05
  • SUP 1: 119-05 50-day EMA
  • SUP 2: 118-30+ Trendline support drawn from the Jun 16 low
  • SUP 3: 117-14+ Low Jul 21 and key near-term support
  • SUP 4: 116-11 Low Jun 28

Treasuries traded lower Friday and in the process cleared a number of S/T support levels. The trend direction remains up though and recent weakness is considered corrective. The contract is approaching support at the 50-day EMA, which intersects at 119-05. Just below this level is a trendline support at 118-30+. A break of this zone would threaten the uptrend. A reversal higher would refocus attention on the bull trigger at 122-02, the Aug 2 high.

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  • RES 4: 123-13+ 1.764 proj of the 14 - 23 - 28 price swing
  • RES 3: 122-29+ High Mar 31
  • RES 2: 122-26+ 2.0% 10-dma envelope
  • RES 1: 120-29/122-02 High Aug 4 / High Aug 02
  • PRICE: 119-15 @ 17:50 BST Aug 05
  • SUP 1: 119-05 50-day EMA
  • SUP 2: 118-30+ Trendline support drawn from the Jun 16 low
  • SUP 3: 117-14+ Low Jul 21 and key near-term support
  • SUP 4: 116-11 Low Jun 28

Treasuries traded lower Friday and in the process cleared a number of S/T support levels. The trend direction remains up though and recent weakness is considered corrective. The contract is approaching support at the 50-day EMA, which intersects at 119-05. Just below this level is a trendline support at 118-30+. A break of this zone would threaten the uptrend. A reversal higher would refocus attention on the bull trigger at 122-02, the Aug 2 high.