. US 10 YR. T-Bond Price & Technical Analysis– 12 April 2023

Bond News:- US 10 YR. T-Bond Price & Technical Analysis– 12 April 2023

Bond News:- US 10 YR. T-Bond Price & Technical Analysis– 12 April 2023

russell 2000

US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART

In the weekly chart, US 10 YR. T-BOND started trading in up channel.

US 10 YR. T-BOND is currently trading above all SMA.

RSI is in buying zone, which shows bullishness. Stochastic is suggesting no trend.

Its immediate support is at 115.09 & the resistance is at 116.25

A further increase in price is likely if the price of the US 10-Year T-Bond breaks through this level and maintains its position above it. Currently, the price of the bond is trading in an upward channel and is at an important resistance level.

US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART

In the daily chart, US 10 YR. T-BOND is trading in up channel.

US 10 YR. T-BOND is currently trading above all SMA.

RSI is in buying zone, which shows bullishness & stochastic is suggesting no trend.

US 10 YR. T- BOND immediate support is at 115.22 & resistance is at 116.21

A further increase in price is likely if the price of the US 10-Year T-Bond breaks through this level and maintains its position above it. Currently, the price of the bond is trading in an upward channel and is at an important resistance level.

TRADE SUGGESTION – BUY AT 116.15, TAKE PROFIT AT 116.99, SL AT 115.45

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