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Free AccessMNI ASIA MARKETS ANALYSIS: Treasuries Surge On Bessent And Oil
MNI ASIA OPEN: Israel-Hezbollah Ceasefire Cautiously Reached
(Z17) Key 124-155 Support......>
US 10YR FUTURE TECHS: (Z17) Key 124-155 Support Holds And Triggers Bounce
*RES 4: 125-255 Oct 13 high
*RES 3: 125-195 38.2% Fibo of 127-285/124-060
*RES 2: 125-150/160 Nov 7, Oct 19 highs
*RES 1: 125-080 Series hourly highs Nov 9
*PRICE: 125-030 @1205GMT
*SUP 1: 124-210/240 Hourly support
*SUP 2: 124-155/160 Hourly basing area Oct 25-26, Nov 14 low
*SUP 3: 124-060/065 Oct 25, Mar 29 lows
*SUP 4: 123-235 76.4% Fibo of 122-145/127-285
*COMMENTARY* The key 124-155 support level has withstood attention this week and
with near term conditions now oversold, there is encouragement for some
recovery. How much will be gauged by the reaction to firstly 125-080 resistance
and then the 125-150/125-195 region. Above the latter would trigger a better
correction of losses from the Sep 8 high at 127-285. Meanwhile 124-240/124-210
protects that still key 124-155 level.
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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.