Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

US 10-Year Positive Bias To Aim Up Through 125-165

Published 07/23/2014, 03:17 AM
Updated 12/12/2023, 05:55 AM

U.S. 10-Year future upside risk to 125-235 and then 126-00 for latter July

Erratic activity Tuesday, but the dip and bounce held above initial support at 125-01 to maintain upside pressures.

The previous break higher through the 125-17/175 chart/ retrace resistance area leaves bullish risks into this week.

Whilst above key 124-24 support we still aim back through the recent 125-235 high to the 126-00 cycle peak and retrace barrier.

Bigger picture overshoot threat is now to 126-195/245 chart targets.

WHAT CHANGES THIS?

Below 125-01 eases bull risks; through 124-24 signals a neutral tone, only shifting negative below 124-135.

Please see full report with levels and latest screencast here:

4 Hour US 10yr Sept Future Chart

Daily US 10yr Future

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.