. GERMAN BUND PRICE TECHNICAL ANALYSIS AND LATEST

GERMAN BUND PRICE TECHNICAL ANALYSIS AND LATEST MARKET NEWS- 30-DEC-2022

GERMAN BUND PRICE TECHNICAL ANALYSIS AND LATEST MARKET NEWS- 30-DEC-2022

30 Dec 2022

GERMAN BUND PRICE TECHNICAL ANALYSIS: WEEKLY CHART

In weekly chart German Bund is trading in down channel

It is trading below all SMA 

RSI is in selling zone which indicates bearishness. Stochastic suggests down trend.

Its immediate support is at 133.24 & the resistance level is at 134.73

German Bund will trade in down channel until there is any trend reversal.

GERMAN BUND PRICE TECHNICAL ANALYSIS: DAILY CHART

In the daily chart, German Bund is trading in down channel. German Bund is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. Stochastic suggests down trend

Its immediate support is at 133.48 & immediate resistance is at 134.17

How to Trade German Bund this Week:

German Bund will follow the downtrend until any trend reversal. So, remain bearishness on the German bund.

TRADE SUGGESTION – SELL AT 133.61, TARGET AT 133.05, SL AT 135.85