Free Trial

(Z17) 124-23 & 125-04+.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) 124-23 & 125-04+ Levels Now Key
*RES 4: 125-26+ 55-DMA 
*RES 3: 125-25+ High Oct 13, 100-DMA 
*RES 2: 125-16+ Hourly support Oct 16 now resistance 
*RES 1: 125-04  High Nov 1
*PRICE: 125-01+ @ 0530GMT
*SUP 1: 124-28+ Hourly support Nov 1
*SUP 2: 124-23  Low Oct 30 now resistance
*SUP 3: 124-15  Hourly resistance Oct 26 now support
*SUP 4: 124-06  Low Oct 25
*COMMENTARY: Bears take comfort in the failure to gain traction on marginal
breaks of the 21-DMA (125-01+). Bears continue to look for a close below 124-23
to gain breathing room and reconfirm immediate focus on the 124-00+/06 support
region where the rising weekly TL off 2017 Lows is noted. Bulls now need a close
above 125-04 to confirm a break of the 21-DMA and shift focus to 125-16+/26+
where 55 & 100-DMAs are noted.

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.