MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY200 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

MNI China Daily Summary: Wednesday, July 24

MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

MNI: JAPAN JUNE SERVICES PPI +3.0% Y/Y; MAY REV +2.7%

MNI BRIEF: Japan June Services PPI Rises 3.0% Vs. May's 2.7%

US Treasury Auction Calendar

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(U4) Bull Cycle Extends

US 10YR FUTURE TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets
  • RES 4: 111-09 High Apr 1
  • RES 3: 110-27+ 1.00 proj of the Apr 25 - May 16 - 29 price swing
  • RES 2: 110-17 High Apr 4
  • RES 1: 110-12+ High Jun 5
  • PRICE: 110-08+ @ 11:38 BST Jun 6
  • SUP 1: 109-14 50-day EMA
  • SUP 2: 109-07 20-day EMA
  • SUP 3: 108-27+ Low Jun 3
  • SUP 4: 107-31 Low May 29 and a key support

Treasuries maintain a firmer short-term tone and this week’s move higher has reinforced the current bullish theme. The contract has traded through resistance and a bull trigger at 110-09, the May 16 high. The break higher opens 110-17, the Apr 4 high, and 110-27+, a Fibonacci projection. On the downside, initial support to watch lies at 109-14+, the 50-day EMA. The 20-day EMA, lies at 109-07.

128 words

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.
  • RES 4: 111-09 High Apr 1
  • RES 3: 110-27+ 1.00 proj of the Apr 25 - May 16 - 29 price swing
  • RES 2: 110-17 High Apr 4
  • RES 1: 110-12+ High Jun 5
  • PRICE: 110-08+ @ 11:38 BST Jun 6
  • SUP 1: 109-14 50-day EMA
  • SUP 2: 109-07 20-day EMA
  • SUP 3: 108-27+ Low Jun 3
  • SUP 4: 107-31 Low May 29 and a key support

Treasuries maintain a firmer short-term tone and this week’s move higher has reinforced the current bullish theme. The contract has traded through resistance and a bull trigger at 110-09, the May 16 high. The break higher opens 110-17, the Apr 4 high, and 110-27+, a Fibonacci projection. On the downside, initial support to watch lies at 109-14+, the 50-day EMA. The 20-day EMA, lies at 109-07.