US: Republican Hardliners Torpedo Rule Vote On Slate Of Key Legislation

Apr-29 16:04

You are missing out on very valuable content.

A group of hardline conservative Republicans have voted down the rule to begin consideration of thre...

Historical bullets

US 10YR FUTURE TECHS: (M6) Trend Needle Points South

Mar-30 16:02
  • RES 4: 112-07   High Mar 18 
  • RES 3: 111-29   50-day EMA
  • RES 2: 111-12+ 20-day EMA 
  • RES 1: 111-01+ High Mar 25
  • PRICE:‌‌ 110-28+ @ 16:59 GMT Mar 30
  • SUP 1: 109-24   Low Mar 27
  • SUP 2: 109-22+ 1.764 proj of the Mar 10 - 13 - 18 price swing
  • SUP 3: 109-12   2.000 proj of the Mar 10 - 13 - 18 price swing
  • SUP 4: 109-01+ 2.236 proj of the Mar 10 - 13 - 18 price swing

A bear cycle in Treasuries remains intact and recent short-term gains have been corrective. Friday’s fresh cycle low confirms a resumption of the downtrend and maintains the price sequence of lower lows and lower highs. This opens 109-22+ next, a Fibonacci projection. On the upside, firm resistance is seen at 111-12+, the 20-day EMA. Short-term gains would be considered corrective and allow the oversold condition to unwind.

IRAN: NATO & Azerbaijan Condemn Missile Fired Over Turkey

Mar-30 16:00

A NATO spox has said that, following the interception of an Iranian missile over Turkey (see TURKEY: Defence Min Confirms 4th Iranian Missile Downed In Turkish Airspace). Spox says that "NATO [is] ready for such threats and will always do what is necessary to defend all allies." Azerbaijan's Defence Ministry posted online that "We strongly condemn the launch of ballistic missile from territory of the Islamic Republic of Iran against territory of the Republic of Türkiye. We express our solidarity with brotherly Türkiye and reaffirm our unwavering support for its security and territorial integrity."

  • Comes as Israel's N12 reports comments from Iranian President Masoud Pezeshkian speaking at a gov't meeting. Says "Any decision regarding the end of the war will be made only after taking into account all the conditions raised and in the context of preserving the honour, security, and interests of the Iranian people."

OPTIONS: Larger FX Option Pipeline

Mar-30 15:47
  • EUR/USD: Apr01 $1.1450(E2.6bln), $1.1500-05(E5.2bln), $1.1620-25(E3.2bln), $1.1650(E1.9bln); Apr02 $1.1500(E1.2bln), $1.1650(E1.0bln
  • USD/JPY: Apr01 Y156.50($1.8bln); Apr02 Y157.00($1.1bln), Y159.00($1.0bln), Y160.00($1.2bln), Y160.50-55($1.3bln)
  • GBP/USD: Apr01 $1.3460-75(Gbp1.0bln)
  • AUD/USD: Apr01 $0.6800(A$1.2bln), $0.7150(A$1.4bln)
  • USD/CNY: Apr01 Cny6.9000($2.5bln)