MNI: EUROZONE NOVEMBER CONSTRUCTION PMI 42.7 OCT 43.0

MNI BRIEF: BOJ To Adjust Easy Policy Cautiously - Nakamura

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1879 Thurs; -1.82% Y/Y

MNI BRIEF: Fed's Daly Says No 'Urgency' To Lower Rates

MNI BRIEF: Powell Says US Is 'Far' From Fiscal Dominance

MNI: FRANCE OCT INDUSTRIAL PRODUCTION -0.1% M/M, -0.6% Y/Y

MNI: GERMANY OCT FACTORY ORDERS -1.5% M/M

MNI: SWEDEN FLASH NOV CPIF +1.9% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

(Z1)‌‌ Trades Through Support

US 10YR FUTURE TECHS
  • RES 4: 133-28 High Sep 3
  • RES 3: 133-12+ High Sep 22
  • RES 2: 132.21+ Low Aug 11 and recent breakout level
  • RES 1: 132.08+ High Sep 4 / 20-day EMA
  • PRICE: 131-08+ @ 11:52 BST Oct 8
  • SUP 1: 131-01 1.382 proj of the Aug 4 - 11 - 17 price swing
  • SUP 2: 130-25 1.50 proj of the Aug 4 - 11 - 17 price swing
  • SUP 3: 130-00 Psychological round number
  • SUP 4: 129-03 50.0% retracement of the Oct '18 - Mar '20 bull cycle

Treasury futures have traded lower today and have cleared support at 131-07, Sep 28 low. This confirms a resumption of the downtrend and paves the way for a move towards 131-01 next ahead of 130-25, Fibonacci projection levels. The move lower maintains the current price sequence of lower lows and lower highs, reinforcing bearish conditions. Key short-term resistance has been defined at 132-08+, Oct 4 high.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

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.