Free Trial

(Z17) 125-005/125-015 Still....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) 125-005/125-015 Still The Bar To Continued Recovery 
*RES 4: 125-195 38.2% Fibo of 127-285/124-060
*RES 3: 125-160 Oct 19 high
*RES 2: 125-055 Hourly base Oct 19, now resistance
*RES 1: 125-005/015 Oct 24 high, Oct 18 low
*PRICE: 124-255 @1200GMT
*SUP 1: 124-115 Hourly support
*SUP 2: 124-060/065 Oct 25, Mar 29 lows
*SUP 3: 123-235 76.4% Fibo of 122-145/127-285
*SUP 4: 123-205 1% volatility band
*COMMENTARY* Downside interest continued last week, resulting in a challenge to
the Mar 29 low at 124-065. That push lower resulted in some near term oversold
conditions and the scope for some recovery. This however, will need to break
back above 125-005/125-015 before any real upside impetus will be forthcoming
and allow some greater correction of recent losses from the Oct 13 high at
125-255. In the meantime, 124-115, protects 124-065/124-060 again.

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.