Technical Analysis of US 30 YR. T-BOND – 19 September 2022

Technical Analysis of US 30 YR. T-BOND – 19 September 2022

Technical Analysis of US 30 YR. T-BOND

US 30 YR. T-BOND Price Technical Analysis: Weekly Chart

Technical Analysis of US 30 YR. T-BOND

In the weekly charts, US 30 YR. T-BOND is trading in down channel. US 30 YR. T-BOND is currently trading below all SMA.

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

Its immediate support is 130.16 & the resistance level is at 133.07.

US 30 YR. T-BOND will trade in down channel until there is trend reversal.

US 30 YR. T-BOND Price Technical Analysis: Daily Chart

Technical Analysis of US 30 YR. T-BOND

In the daily charts, US 30 YR. T-BOND is trading in down channel. US 30 YR. T-BOND 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 130.38 & the resistance level is at 131.59.

US 30 YR. T-BOND will trade in down channel until there is trend reversal.

How to Trade US 30 YR. T-BOND this Week:

US 30 YR. T-BOND will follow the downtrend until their trend reversal. So, remain bearish on US 30 YR. T-BOND

TRADE SUGGESTION- SELL AT 130.91, TAKE PROFIT AT 130.38 AND STOP LOSS AT 131.59

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