. US10 YR. T-BOND PRICE & TECHNICAL ANALYSIS-19 April 2023

US 10 YR. T-BOND NEWS PRICE & TECHNICAL ANALYSIS – 19 APRIL 2023

US 10 YR. T-BOND NEWS PRICE & TECHNICAL ANALYSIS – 19 APRIL 2023

19 Apr 2023

US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART

In the weekly chart, US 10 YR. T-BOND is trading in down channel.

US 10 YR. T-BOND is currently trading below 5&50 SMA.

RSI is in buying zone, which shows bullishness. Stochastic is suggesting down trend.

Its immediate support is at 114.06 & the resistance is at 114.88

US 10 YR. T-Bond Price was rising but was unable to break through the resistance zone; as a result, price reversed and is now trading at the support zone; if the area of support is broken, downside is possible.

US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART

In the daily chart, US 10 YR. T-BOND is trading in down channel.

US 10 YR. T-BOND is currently trading below all SMA.

RSI is in buying zone, which shows bullishness & stochastic is suggesting down trend.

US 10 YR. T- BOND immediate support is at 114.12 & resistance is at 114.45

US 10 YR. T-Bond Price was rising but was unable to break through the resistance zone; as a result, price reversed and is now trading at the support zone; if the area of support is broken, downside is possible.

TRADE SUGGESTION – SELL AT 114.12, TAKE PROFIT AT 113.51, SL AT 114.50