© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
OIL PRODUCTS

Switzerland Tapping Oil Product Reserves

NATURAL GAS

Germany Takes 30% Stake in Uniper

US TSYS

Repo Reference Rates

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

(U2)‌‌ Extends Bounce From Tuesday’s Low

US 10YR FUTURE TECHS
Fixed Income Technical Analysismarkets-real-timeBulletMarketsFixed Income
  • RES 4: 120-00 Round number resistance
  • RES 3: 119-16+ High Jun 1
  • RES 2: 119-03+ 76.4% retracement of the May 26 - Jun 14 bear leg
  • RES 1: 118-08/16 High Jun 24 / 50-day EMA
  • PRICE: 117-27+ @ 11:29 BST Jun 30
  • SUP 1: 116-11/115-20 Low Jun 17
  • SUP 2: 114-07+ Low Jun 28 / 14 and bear trigger
  • SUP 3: 114-00 Round number support
  • SUP 4: 113-19 Low Jun 19, 2009 (cont)

Treasuries have recovered from Tuesday’s low of 116-11. Key short-term resistance is unchanged at 118-08, the Jun 24 high where a break would signal a resumption of recent gains. This would open the 50-day EMA, at 118-16 - an important short-term pivot resistance. Note that the primary trend is down. Initial firm support to watch is 115-20, the Jun 17 low. A breach would expose 114-07+, the bear trigger.

138 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • RES 4: 120-00 Round number resistance
  • RES 3: 119-16+ High Jun 1
  • RES 2: 119-03+ 76.4% retracement of the May 26 - Jun 14 bear leg
  • RES 1: 118-08/16 High Jun 24 / 50-day EMA
  • PRICE: 117-27+ @ 11:29 BST Jun 30
  • SUP 1: 116-11/115-20 Low Jun 17
  • SUP 2: 114-07+ Low Jun 28 / 14 and bear trigger
  • SUP 3: 114-00 Round number support
  • SUP 4: 113-19 Low Jun 19, 2009 (cont)

Treasuries have recovered from Tuesday’s low of 116-11. Key short-term resistance is unchanged at 118-08, the Jun 24 high where a break would signal a resumption of recent gains. This would open the 50-day EMA, at 118-16 - an important short-term pivot resistance. Note that the primary trend is down. Initial firm support to watch is 115-20, the Jun 17 low. A breach would expose 114-07+, the bear trigger.