German Bund Future Price Technical Analysis, Chart and Latest News

German Bund Future Price Technical Analysis, Chart and Latest News

German Bund technical analysis

GERMAN BUND FUT. Price Technical Analysis: Weekly Chart

German Bund technical analysis

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 150.46 & the resistance level is at 155.94.

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

GERMAN BUND FUT. Price Technical Analysis: Daily Chart

German Bund technical analysis

In the daily charts, GERMAN BUND FUT. is trading in a down channel.

GERMAN BUND FUT. is trading above 20 days SMA & below 50 and 100 days SMA.

The nearest support is 152.29 & the resistance is at 154.55.

GERMAN BUND FUT. will trade in the 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 153.73, TAKE PROFIT AT 152.29 AND STOP LOSS AT 154.55

About Author

Related posts

NZDCHF Technical Analysis

NZD/CHF Technical Analysis and Investing Tips For NZD/CHF

NZDCHF Technical Analysis: Weekly Chart In the weekly charts, NZDCHF was trading in down channel. NZDCHF is currently trading below all SMA. RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.5920 & the resistance level...

Read More

Leave a Reply