CANADA OCT CPI 2.0% YOY IN LINE W/ FORECASTS, PRIOR 1.6%

CORRECTED-MNI: Gas Base Effect Pulls Canada CPI Back Up To 2%

MNI BRIEF: China To Enhance Policy Support In 2025: NDRC

MNI CBRT WATCH: Rates To Hold As Inflation Forecast Raised

MNI NBH WATCH: Rates Held At 6.5% As Expected

MNI BRIEF: NDRC Considering Trade-in Scheme Next Steps

Japan Oct Exports +3.1% Y/Y; Imports +0.4% Y/Y

MNI: UK AUG-OCT MEDIAN PAY AWARDS +4% :Brightmine

MNI: JAPAN OCT EXPORTS +3.1% Y/Y; SEPT -1.7%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

US 10YR FUTURE TECHS: (Z4) Trend Needle Points South

US 10YR FUTURE TECHS
USFixed Income Technical AnalysisBulletMarketsFixed Income BulletsNorth America
  • RES 4: 112-22   High Oct 16 and a key short-term resistance 
  • RES 3: 111-17+ 50-day EMA 
  • RES 2: 111-14+ High Oct 25 
  • RES 1: 110-12   20-day EMA 
  • PRICE:‌‌ 109-30+ @ 11:21 GMT Nov 19
  • SUP 1: 108-18+ 1.236 proj of the Oct 1 - 10 - 16 price swing    
  • SUP 2: 108-03   1.382 proj of the Oct 1 - 10 - 16 price swing
  • SUP 3: 108-00   Round number support 
  • SUP 4: 107-19   2.0% 10-dma envelope

The trend outlook in Treasuries is unchanged, it remains bearish and the latest recovery appears corrective. Moving average studies are in a bear-mode set-up, highlighting a clear downtrend and bearish market sentiment. Sights are on 108-18+ next, a Fibonacci projection. Further out, the focus is on the 108-00 handle. Initial firm resistance is unchanged at the 20-day EMA. The average is at 110-12.

136 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: 112-22   High Oct 16 and a key short-term resistance 
  • RES 3: 111-17+ 50-day EMA 
  • RES 2: 111-14+ High Oct 25 
  • RES 1: 110-12   20-day EMA 
  • PRICE:‌‌ 109-30+ @ 11:21 GMT Nov 19
  • SUP 1: 108-18+ 1.236 proj of the Oct 1 - 10 - 16 price swing    
  • SUP 2: 108-03   1.382 proj of the Oct 1 - 10 - 16 price swing
  • SUP 3: 108-00   Round number support 
  • SUP 4: 107-19   2.0% 10-dma envelope

The trend outlook in Treasuries is unchanged, it remains bearish and the latest recovery appears corrective. Moving average studies are in a bear-mode set-up, highlighting a clear downtrend and bearish market sentiment. Sights are on 108-18+ next, a Fibonacci projection. Further out, the focus is on the 108-00 handle. Initial firm resistance is unchanged at the 20-day EMA. The average is at 110-12.