US 10YR FUTURE TECHS: (U5) Reversal Extends
Jun-06 15:37
- RES 4: 112-04+ High May 2
- RES 3: 111-30 76.4% retracement of the May 1 - 22 downleg
- RES 2: 111-19+ 1.0% 10-dma envelope
- RES 1: 111-14+ High Jun 5 & 61.8% of the May 1 - 22 downleg
- PRICE: 110-04 @ 16:27 BST Jun 6
- SUP 1: 109-26 Low May 29
- SUP 2: 109-12+ Low May 22 and the bear trigger
- SUP 3: 109-09+ Low Apr 11 and key support
- SUP 4: 108-25+ 0.764 proj of the Apr 7 - 11 - May 1 price swing
Treasury futures traded sharply lower Friday, extending the reversal from Thursday’s high. The move down does undermine a recent bullish theme. An extension would expose support at 109-26, the May 29 low, where a break would open key support and the bear trigger, at 109-12+, the May 22 low. Key short-term resistance has been defined at 111-14+, a Fibonacci retracement and Thursday’s high. A break of this hurdle would be bullish.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
FED: US TSY 17W BILL AUCTION: HIGH 4.200%(ALLOT 51.46%)
May-07 15:32
- US TSY 17W BILL AUCTION: HIGH 4.200%(ALLOT 51.46%)
- US TSY 17W BILL AUCTION: DEALERS TAKE 31.65% OF COMPETITIVES
- US TSY 17W BILL AUCTION: DIRECTS TAKE 3.50% OF COMPETITIVES
- US TSY 17W BILL AUCTION: INDIRECTS TAKE 64.86% OF COMPETITIVES
- US TSY 17W BILL AUCTION: BID/CVR 3.02
US TSY OPTIONS: Large Jun'25 5Y Vol Scale Seller
May-07 15:27
- Over -13,000 FVM5 107.5/109 strangles, last level at 19 vs. 108-16.5/0.18%, implied vol 4.45%
OPTIONS: Expiries for May08 NY cut 1000ET (Source DTCC)
May-07 15:17
- EUR/USD: $1.1200(E2.8bln), $1.1220-25(E1.2bln), $1.1250(E1.6bln), $1.1300(E1.0bln), $1.1350(E817mln), $1.1390-00(E3.6bln), $1.1420-25(E1.3bln)
- USD/JPY: Y140.00($4.1bln), Y142.00($1.2bln), Y143.00($1.7bln), Y145.00($1.5bln)
- GBP/USD: $1.3380-00(Gbp810mln)
- EUR/JPY: Y162.20-25(E520mln)
- NZD/USD: $0.6025(N$616mln)
- USD/CNY: Cny7.1500($954mln), Cny7.4500($1.5bln)
Related by topic
Government Sovereign Bonds
US
