Free Trial

(Z3) Strength to Strength

US 10YR FUTURE TECHS
  • RES 4: 110-07+ High Sep 14
  • RES 3: 110-00 Round number resistance
  • RES 2: 109-20 High Sep 19
  • RES 1: 109-17 High Nov 28
  • PRICE: 109-15 @ 17:12 GMT Nov 28
  • SUP 1: 108-07 50-day EMA
  • SUP 2: 108-05+ 20-day EMA
  • SUP 3: 107-00 Low Nov 13
  • SUP 4: 106-14 2.0% 10-dma envelope

The short-term trend condition in Treasuries firmed further Tuesday, with the break of first resistance at last week’s highs of 109-08+. Prices also cleared the 100-dma in the process - a notable level last broken above in March this year. 109-20 marks the next level, the Sep 19 high, but resistance seen stronger into 110-00 and above. Key short-term support has been defined at 107-00, the Nov 13 low. Initial support to watch lies at 108-07, the 50-day EMA.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.