GERMAN BUND FUT. Price Technical Analysis: Weekly Chart
In the weekly charts, GERMAN BUND FUT. is trading in an up channel. GERMAN BUND FUT. is currently trading above 20 days SMA & below 50 and 100 days SMA.
RSI is in the buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 153.01 & the resistance level is at 157.94.
GERMAN BUND FUT. will trade in an up channel until there is trend reversal.
GERMAN BUND FUT. Price Technical Analysis: Daily Chart
In the daily charts, GERMAN BUND FUT. is trading in down channel. GERMAN BUND FUT. is currently trading below 20 days SMA & above 50 and 100 days SMA.
RSI is in the selling zone which indicates bearishness. MACD is currently above zero which indicates bullishness.
The nearest support is 154.42 & the resistance is at 156.62.
GERMAN BUND FUT. will trade in down channel until there is trend reversal.
How to Trade GERMAN BUND FUT. this Week:
GERMAN BUND FUT. will follow the downtrend until their trend reversal. So, remain bearish on GERMAN BUND FUT.
