GERMAN BUND FUT. Technical Analysis

German Bund Future Price Technical Analysis

GERMAN BUND FUT. Price Technical Analysis: Weekly Chart

GERMAN BUND FUT. Technical Analysis

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

GERMAN BUND FUT. Technical Analysis

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.

TRADE SUGGESTION- SELL AT 155.50, TAKE PROFIT AT 154.42 AND STOP LOSS AT 156.62

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