FED: US TSY TO SELL $82.000 BLN 13W BILL JUL 14, SETTLE JUL 17

Jul-10 16:05

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* US TSY TO SELL $82.000 BLN 13W BILL JUL 14, SETTLE JUL 17...

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FED: US TSY TO SELL $60.000 BLN 17W BILL JUN 11, SETTLE JUN 17

Jun-10 16:05
  • US TSY TO SELL $60.000 BLN 17W BILL JUN 11, SETTLE JUN 17

US 10YR FUTURE TECHS: (U5) Bearish Threat Remains Present

Jun-10 15:54
  • RES 4: 111-30   76.4% retracement of the May 1 - 22 downleg
  • RES 3: 111-19+ 1.0% 10-dma envelope
  • RES 2: 111-14+ High Jun 5 & 61.8% of the May 1 - 22 downleg
  • RES 1: 110-20   50-day EMA   
  • PRICE:‌‌ 110-06+ @ 16:50 BST Jun 10
  • 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

The recent reversal lower in Treasury futures, undermines the current bullish theme. An extension down 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 the Jun 5 high. Clearance of this hurdle would be bullish.

OPTIONS: Larger FX Option Pipeline

Jun-10 15:54
  • EUR/USD: Jun12 $1.1350(E1.9bln), $1.1395-00(E1.3bln), $1.1425-35(E1.4bln), $1.1440-50(E2.6bln), $1.1500(E2.2bln); Jun13 $1.1400-05(E1.7bln), $1.1485-00(E1.9bln); Jun16 $1.1400(E1.2bln)
  • USD/JPY: Jun12 Y143.00($1.3bln), Y143.85-00($1.0bln); Jun13 Y144.00($1.2bln); Jun16 Y145.00($4.4bln)
  • AUD/USD: Jun12 $0.6475-85(A$1.1bln)