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Why MNI
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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.
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Free Access(Z2) Remains Vulnerable
- RES 4: 120-02+ High Aug 15
- RES 3: 119-18 High Aug 17
- RES 2: 118-25+ 50-day EMA
- RES 1: 118-00/17+ High Aug 26 / 20-day EMA
- PRICE: 117-05 @ 14:32 BST Aug 30
- SUP 1: 116-28+ Low Aug 29
- SUP 2: 116-08 Low Jun 28
- SUP 3: 116-01+ 76.4% retracement of the Jun 14 - Aug 2 bull run
- SUP 4: 114-26 Low Jun 16
The Treasuries outlook remains bearish and the contract traded lower Monday, breaching last week’s low of 117-06 on Aug 24/25. This highlights a resumption of the current bear cycle and opens 116-08 next, the Jun 28 low. Further out, attention is on 116-01+, a Fibonacci retracement. Initial resistance has been defined at 118-00, Friday’s high. The 50-day EMA, at 118-25+ marks a firmer resistance.
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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.