Free Trial

(Z9) Focus Remains On..........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Focus Remains On 100-DMA
*RES 4: 132-13 Contract high, Sep 3
*RES 3: 132-07+ High Sep 5
*RES 2: 131-24 High Oct 10
*RES 1: 130-16+ 50-dma
*PRICE: 129-20+ @ 15:31 GMT, Oct 21
*SUP 1: 129-18 Support line from Jul 16
*SUP 2: 129-12 Low Sep 20
*SUP 3: 129-03+ 100-dma
*SUP 4: 128-16 Low Sep 13
10yr futures respected the recent range for much of the Monday session, but
whilst below the 50-dma the technical focus still on the downside and the
100-dma at 129-03+. Last week's low of 129-16+ sat upon the top of a support
line from July 16 which today comes in at 129-18. Bulls now need to break 132-13
to confirm a resumption of the primary uptrend and open Fibonacci projections at
132-22 and 132-30+.

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.