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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(Z3) Fresh Cycle Low
- RES 4: 112-24+ High Jul 27
- RES 3: 112-14 High Aug 10
- RES 2: 112-00 Round number resistance
- RES 1: 110-10 /111-12+ 20-day EMA / High Sep 1 key resistance
- PRICE: 109-23 @ 13:49 BST Sep 13
- SUP 1: 109-03 Intraday low
- SUP 2: 109-00 Round number support
- SUP 3: 108-20 1.000 proj of the Jul 18 - Aug 4 - Aug 10 price swing
- SUP 4: 107.23 1.236 proj of the Jul 18 - Aug 4 - Aug 10 price swing
The trend direction in Treasuries remains down and today’s fresh cycle low print of 109-03 reinforces the bearish theme and signals a resumption of the downtrend. This suggests scope for a move towards 108-20, a Fibonacci projection. Note that moving average studies continue to highlight a medium-term downtrend. On the upside, initial resistance is at 110-10, the 20-day EMA. Key resistance is at 111-12+, the Sep 1 high.
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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.