Free Trial

YIELD TECHS: Outlook Turns Bullish......>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Outlook Turns Bullish
*RES 4: 2.9444 200-dma 
*RES 3: 2.9003 50% 3.2594-2.5412 
*RES 2: 2.8985 Hourly resistance Dec 14 
*RES 1: 2.8132 High Dec 26
*PRICE: 2.7446 @ 06:10 GMT, Jan 18 
*SUP 1: 2.6762 Low Jan 10 
*SUP 2: 2.5412 Jan 4 low 
*SUP 3: 2.5206 Jan 16 2018 low 
*SUP 4: 2.4145 Jan 2 2018 low 
Yields confirmed their break above the 21-dma yesterday by taking out range
highs seen on Jan 10, which now shifts the outlook bullish and opens the Dec 26
high at 2.8132. A break above here would extend gains towards the Dec 14 highs
at 2.8985. On the downside bears look to retake the 21-dma to shift the outlook
neutral and open the Jan 10 low at 2.6762. Below here would open a potential
return to the Jan 4 low at 2.5412.

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' }); });