MNI: Canada Apr-Dec Budget Deficit Widens On Program Spending

MNI China Daily Summary: Friday, February 23

MNI: PBOC Injects Net CNY155 Bln Via OMO Fri; Rates Unchanged

MNI China Daily Summary: Thursday, February 22

MNI BRIEF: Consumption To Grow Steadily After Spring Festival

MNI China Daily Summary: Wednesday, Feb 21

MNI: BAKER HUGHES US RIG COUNT 626; OIL RIGS 503; GAS RIGS 120

Bond Supply Calendar: BoE APF Op Due Monday

Consumption Defies Broader Recession, GDP Outlook Still Weak

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US Morning FI Technical Analysis 

18 April 2018
By Kyle Shortland
Click below for today's MNI US Morning FI Technical Analysis Report -
http://tinyurl.com/h8pyhnq
     US 5-YR FUTURE TECHS: (M18) Bears Focused On Mar Lows
*RES 4: 114-08+ Daily Bear channel top off Apr high
*RES 3: 114-04  Low Apr 4 now resistance
*RES 2: 114-02+ High Apr 13
*RES 1: 113-31+ High Apr 17
*PRICE: 113-29+ @ 0930GMT
*SUP 1: 113-25+ Low Apr 16, Bollinger band base
*SUP 2: 113-23+ Daily Bear channel base
*SUP 3: 113-19  Monthly Low Mar 21
*SUP 4: 113-05+ Weekly Bollinger band base
*COMMENTARY: Daily studies at O/S levels and the Bollinger base are seen as key
concerns for bears who are currently focused on Mar lows. Bears look for a close
below 113-25+ to add weight to their case. Layers of support remain a concern
for bulls. Bulls now need a close above 113-31+ to gain breathing room and above
114-04 to shift initial focus to 114-08+/10 where the bear channel top off Apr
highs is noted.
US 10-YR FUTURE TECHS: (M18) 120-20+/24 Resistance Remains Key
*RES 4: 121-12  High Apr 2
*RES 3: 121-05  High Apr 4
*RES 2: 120-24  Hourly support Apr 12 now resistance
*RES 1: 120-20+ Hourly resistance Apr 12
*PRICE: 120-15+ @ 0930GMT
*SUP 1: 120-07  Low Apr 16
*SUP 2: 120-03  Low Mar 22
*SUP 3: 120-01+ Bollinger band base
*SUP 4: 119-21+ Repeated Daily lows Feb
*COMMENTARY: The 120-20+/24 resistance region remains key this week following
the break below 120-11 Monday. Bulls need a close above Y120-24 to gain
breathing room and increase the likelihood of a bounce back to 121-05/12. Above
121-12 is needed to kick start topside momentum and initially target
121-23+/122-02 where the 100-DMA is noted. Bears now look for a close below
120-07 to confirm traction below DMAs & shift focus back to 119-14/21+.
US 30-YR FUTURE TECHS: (M18) Bulls Dominate While 144-06 Supports
*RES 4: 147-05 100-DMA
*RES 3: 147-03 High Apr 2
*RES 2: 146-28 High Apr 11
*RES 1: 146-02 High Apr 17
*PRICE: 145-23 @ 0930GMT
*SUP 1: 144-21 Low Apr 16
*SUP 2: 144-14 Daily Bull channel base off Feb Low
*SUP 3: 144-11 55-DMA
*SUP 4: 144-06 Repeated Daily lows Feb
*COMMENTARY: Volatile trading has defined the week so far with bulls taking
comfort in the bounce from ahead of 144-06/21 where the bull channel base off
Feb lows and the 55-DMA are located. Bulls dominate while 144-06 supports. Bears
need a close below 144-06 to end bullish hopes and initially target 142-21/30.
Bulls now need a close above 146-02 to gain breathing room and reconfirm focus
on 146-28/147-07.
US EURODOLLAR FUTURE TECHS: (M18) 55-DMA Remains Key Resistance
*RES 4: 97.820 Monthly high Mar 2
*RES 3: 97.740 Highs Mar 27 & 28, 55-DMA
*RES 2: 97.711 Daily Bear channel top off Sept highs
*RES 1: 97.660 Lows Apr 6 & 9 now resistance
*PRICE: 97.640 @ 0930GMT
*SUP 1: 97.619 Bollinger band base
*SUP 2: 97.615 2018 Low Apr 17
*SUP 3: 97.580 Monthly Low Nov 2008
*SUP 4: 97.491 Daily Bear channel base
*COMMENTARY: Bears remain firmly focused on the 97.480-580 support region where
the Nov 2008 low and bear channel base are situated following repeated 2018 & 9+
year lows. The Bollinger base is the key concern and currently limits follow
through. Layers of resistance are noted 97.660-740 with bulls needing a close
above the 55-DMA to target a correction back to 97.820-874 where the 100-DMA is
found.
--MNI Beijing Bureau; tel: +44 207-862-7435; email: kyle.shortland@mni-news.com
[TOPICS: MTABLE]
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.

    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        window.dataLayer.push({
    'event' : 'logedout',
    'loggedOut' : 'loggedOut'
  });
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        (function appendPosts () {  
    var policyPosts = document.getElementsByClassName('policy-posts-wrapper')[0];
    var policyPostsMenu = document.querySelector('.policy-posts-span');
    policyPostsMenu.append(policyPosts);
    policyPosts.style.display = "block";
  
    var empolicyPosts = document.getElementsByClassName('em-policy-posts-wrapper')[0];
    var empolicyPostsMenu = document.querySelector('.em-policy-posts-span');
    empolicyPostsMenu.append(empolicyPosts);
    empolicyPosts.style.display = "block";

    var dataPosts = document.getElementsByClassName('data-posts-wrapper')[0];
    var dataPostsMenu = document.querySelector('.data-posts-span');
    dataPostsMenu.append(dataPosts);
    dataPosts.style.display = "block";
})();
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelectorAll(".my-mni").forEach(function(item){
  item.href="/core/users/email_login/";
  item.innerHTML="Log In";
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelector('.signup-form').addEventListener('submit', () => {
  window.dataLayer = window.dataLayer || [];
  dataLayer.push({
    'event' : 'submission_click',
    'event_category': "Sign Up Button Clicks",
     'event_label': "Posts" 
  });  
  
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        REBELMOUSE_STDLIB.createElementChangeListener('.signup-form.authentication--form',function(item){
  item.onsubmit=function(e){
    ga('b.send', 'event', {eventCategory: 'Signup', eventAction: 'CompletedForm', eventLabel:'pageTitle', eventValue:15});
    window.dataLayer = window.dataLayer || [];
    dataLayer.push({
      'event' : 'signup_click',
      'event_category': "Signup",
      'event_action': 'CompletedForm',
       'event_label': 'pageTitle',
      'event_value': 15
    });  
  }
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelectorAll("img").forEach(function (img) {
    img.addEventListener("contextmenu", function (e) {
      return false;
    });
  });
  document
    .querySelector(".site-logo img")
    .addEventListener("contextmenu", function (e) {
      return true;
    });
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelector('.signup-form').addEventListener('submit', () => {
  window.dataLayer = window.dataLayer || [];
  dataLayer.push({
    'event' : 'submission_click',
    'event_category': "Sign Up Button Clicks",
     'event_label': "Posts" 
  });  
  
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        REBELMOUSE_STDLIB.createElementChangeListener('.signup-form.authentication--form',function(item){
  item.onsubmit=function(e){
    ga('b.send', 'event', {eventCategory: 'Signup', eventAction: 'CompletedForm', eventLabel:'pageTitle', eventValue:15});
    window.dataLayer = window.dataLayer || [];
    dataLayer.push({
      'event' : 'signup_click',
      'event_category': "Signup",
      'event_action': 'CompletedForm',
       'event_label': 'pageTitle',
      'event_value': 15
    });  
  }
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        
  let posts = document.querySelectorAll(".all-content-wrapper .widget:not(.stream-story-processed)");
  window.check_story_posts(posts, "streamOfPosts");
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        function populateInputsWithAPAPI(c) {
  document.querySelectorAll('.signup-form input[name="country"]').forEach(el => {
	el.setAttribute("value", c.country_name);
  });
  document.querySelectorAll('.signup-form .country_name').forEach(el => {
	el.setAttribute("value", c.country_name);
  });

  let country_code =
    c && c.country_code ? c.country_code.toLowerCase() : "auto";
  document.querySelectorAll('.signup-form .country_code').forEach(el => {
	el.setAttribute("value", country_code);
  });
  document.querySelectorAll('.signup-form .selected_country').forEach(el => {
	el.setAttribute("value", country_code);
  });
}

const fetch = function (err, res) {
  var r = new XMLHttpRequest();
  r.open("GET", err, !0),
    (r.responseType = "json"),
    (r.onload = function () {
      var err = r.status;
      res(200 === err ? null : err, r.response);
    }),
    r.send();
};

function setupCountry() {
  if (window.preventDuplicateExec) {
    return;
  }
  window.preventDuplicateExec = true;

  window.REBELMOUSE_STDLIB.onElementInViewport({
    threshold: 0,
    firstOnly: true,
    oneTime: true,
    selector: ".signup-form",
    onIntersect: (entry) => {
      // when you need to get access to that data you call it in that way:
      let ipapiData = localStorage.getItem("ipapiData");
      if (!ipapiData) {
        fetch("https://ipapi.co/json/", function (err, ipData) {
          console.log("populating inputs with data from IP API ");
          localStorage.setItem("ipapiData", JSON.stringify(ipData));
          populateInputsWithAPAPI(ipData);
        });
      } else {
        console.log(
          "populating inputs with data from IP API data stored in local storage"
        );
        populateInputsWithAPAPI(JSON.parse(ipapiData));
      }
    },
  });
}

setupCountry();
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        /*
const sidebar = document.querySelector('.left-sidebar-container');
const stickyContent = document.querySelector('.sticky-content');
const siteContent = document.querySelector('.all-posts-stream');
if (sidebar && stickyContent && siteContent) {
  if (siteContent.clientHeight > sidebar.clientHeight) {
    console.log('grater -> ', siteContent.clientHeight + ' > ' + sidebar.clientHeight);
    stickyContent.style.height = (siteContent.clientHeight - sidebar.clientHeight) + 'px';
  }
}
*/
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        function populateInputsWithAPAPI(c) {
  document.querySelectorAll('.signup-form input[name="country"]').forEach(el => {
	el.setAttribute("value", c.country_name);
  });
  document.querySelectorAll('.signup-form .country_name').forEach(el => {
	el.setAttribute("value", c.country_name);
  });

  let country_code =
    c && c.country_code ? c.country_code.toLowerCase() : "auto";
  document.querySelectorAll('.signup-form .country_code').forEach(el => {
	el.setAttribute("value", country_code);
  });
  document.querySelectorAll('.signup-form .selected_country').forEach(el => {
	el.setAttribute("value", country_code);
  });
}

const fetch = function (err, res) {
  var r = new XMLHttpRequest();
  r.open("GET", err, !0),
    (r.responseType = "json"),
    (r.onload = function () {
      var err = r.status;
      res(200 === err ? null : err, r.response);
    }),
    r.send();
};

function setupCountry() {
  if (window.preventDuplicateExec) {
    return;
  }
  window.preventDuplicateExec = true;

  window.REBELMOUSE_STDLIB.onElementInViewport({
    threshold: 0,
    firstOnly: true,
    oneTime: true,
    selector: ".signup-form",
    onIntersect: (entry) => {
      // when you need to get access to that data you call it in that way:
      let ipapiData = localStorage.getItem("ipapiData");
      if (!ipapiData) {
        fetch("https://ipapi.co/json/", function (err, ipData) {
          console.log("populating inputs with data from IP API ");
          localStorage.setItem("ipapiData", JSON.stringify(ipData));
          populateInputsWithAPAPI(ipData);
        });
      } else {
        console.log(
          "populating inputs with data from IP API data stored in local storage"
        );
        populateInputsWithAPAPI(JSON.parse(ipapiData));
      }
    },
  });
}

setupCountry();
    

});