US 30 YR. T-BOND PRICE FORECAST TECHNICAL ANALYSIS – 03 APRIL 2023
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly chart, US 30 YR. T-BOND started trading in up channel.
US 30 YR. T-BOND is currently trading above 5&20 SMA.
RSI is in buying zone, which shows bullishness. Stochastic is suggesting no trend.
Its immediate support is at 130.22 & the resistance is at 132.55
The price of the US 30-Year T-Bond turned back from the resistance area and was unable to break it. If the price keeps making lower low structures and breaks the prior week’s low, we can also see a negative aspect.
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART
In the daily chart, US 30 YR. T-BOND is trading in up channel.
US 30 YR. T-BOND is currently trading above 20&50SMA.
RSI is in buying zone, which shows bullishness & stochastic is suggesting no trend.
US 30 YR. T- BOND immediate support is at 130.36 & resistance is at 132.41
The price of the US 30-Year T-Bond retreated from the resistance area but was unable to cross it. Additionally, it is presently in the resistance zone; if rejected again, we might experience additional negative side.