. German Bund Fut Technical Analysis and Free Trading Tips - CSFX

German Bund Fut Technical Analysis

15 Jul 2022

GERMAN BUND FUT. Price Technical Analysis: Weekly Chart

In the weekly charts, GERMAN BUND FUT. was trading in a down channel. GERMAN BUND FUT. is currently trading below all SMA.

RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 149.59 & the resistance level is at 154.17.

GERMAN BUND FUT. was trading in the down channel before there is breakout upside.

GERMAN BUND FUT. Price Technical Analysis: Daily Chart

In the daily charts, GERMAN BUND FUT. is trading in an up channel. GERMAN BUND FUT. is currently trading above all SMA.

RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

The nearest support is 151.56 & the resistance is at 153.49.

GERMAN BUND FUT. will trade in up channel until there is trend reversal.

How to Trade GERMAN BUND FUT. this Week:

GERMAN BUND FUT. will follow the uptrend until their trend reversal. So, remain bullish on GERMAN BUND FUT.

TRADE SUGGESTION- BUY AT 152.31, TAKE PROFIT AT 153.49 AND STOP LOSS AT 151.56