Free Trial

YIELD TECHS: A Retest Of YTD Lows.......>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: A Retest Of YTD Lows Looks Likely
*RES 4: 3.0000 Pivot 
*RES 3: 2.9401 200-dma 
*RES 2: 2.9167 High Dec 14 
*RES 1: 2.7968 High Jan 18 
*PRICE: 2.7271 @ 06:25 GMT, Feb 1 
*SUP 1: 2.5412 Jan 4 low 
*SUP 2: 2.5206 Jan 16 2018 low 
*SUP 3: 2.0144 Low Sep 8,2017 
*SUP 4: 1.7145 Low Nov 9 2016
Bears are looking to build on recent downside momentum to target the Jan 4 ytd
low at 2.5412. Below here would open the Jan 16 low at 2.5206, below which would
bring the Sep 8 2017 low into play just ahead of the 2.0 level. Bulls look to
recover the 21-dma before shifting focus to the Jan 18 high at 2.7968. A break
above would allow a run at the 200-dma ahead of the 3.0 pivot area.

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