US 10YR FUTURE TECHS: (Z5) Bullish Trend Structure
Aug-29 10:13
- RES 4: 113-06 2.236 proj of the Jul 15 - 22 - 28 price swing
- RES 3: 113-00 Round number resistance
- RES 2: 112-28+ 2.000 proj of the Jul 15 - 22 - 28 price swing
- RES 1: 112-20+ High Aug 28
- PRICE: 112-16+ @ 11:02 BST Aug 29
- SUP 1: 111-29 20-day EMA
- SUP 2: 111-17+ 50-day EMA
- SUP 3: 111-13+ Low Aug 18 and a key support
- SUP 4: 110-25 Low Aug 1
The trend outlook in Treasury futures remains bullish. This week’s gains have delivered a print above 112-15+, the Aug 5 high and a bull trigger. A clear break of this hurdle confirms a resumption of the bull cycle and paves the way for a climb towards the 113-00 handle. Moving average studies are in a bull-mode position, reinforcing current trend conditions. First support to watch is 111-29, the 20-day EMA.
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OUTLOOK: Price Signal Summary - GBPUSD Bear Threat Remains Present
Jul-30 10:13
- In FX, EURUSD is trading closer to its recent lows following the sharp sell-off on Monday. Tuesday’s extension resulted in a move through key support at the 50-day EMA, at 1.1560. A clear break of this EMA would signal a stronger reversal and open 1.1431, 23.6% of the Feb 3 - Jul 1 bull cycle. Note that medium-term trend indicators continue to highlight an uptrend. The bull trigger is 1.1829, the Jul 1 high.
- A bearish set-up in GBPUSD remains intact. The bear trigger at 1.3365, the Jul 16 low, has been cleared. This confirms a resumption of the downleg that started Jul 1 and highlights a clear break of the trendline drawn from the Jan 13 low. The breach opens 1.3245, the May 19 low. Initial resistance is seen at 1.3467, the 50-day EMA.
- A bull cycle in USDJPY remains in place. The recovery that started Jul 24 signals the end of the corrective phase between Jul 16 - 24. Attention is on key resistance and the bull trigger at 149.18, the Jul 16 high. A break of it would confirm a resumption of the uptrend. First support is at 147.07, the 20-day EMA.
MNI EXCLUSIVE: MNI examines the BOJ's possible rate-hike timing
Jul-30 10:08
MNI examines the BOJ's possible rate-hike timing - On MNI Policy MainWire now, for more details please contact sales@marketnews.com
STIR: Dutch DTCs to become tradable on Euronext Amsterdam
Jul-30 10:07
- The DSTA has also announced that "DTCs with a maturity date in 2026 and onwards will become tradeable on Euronext Amsterdam". This is "in order to promote liquidity and broaden investor access to money market
instruments issued by the Dutch State." - 2025 maturity DTCs will still not be exchange-tradable on Euronext.
- The first listed DTC will be the new 6-month Jan 29, 2026 DTC which is due for auction on Monday 4 August.
