US 10 YR. T-BOND PRICE NEWS TECHNICAL ANALYSIS – 08 February 2023
08 Feb 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 113.17 & the resistance is at 114.16
US 10 YR. T-Bond is currently trading in down channel, it has broken its previous week low and it has rejected from its resistance zone so, further downside can be seen.
US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART
In the daily chart, US 10 YR. T-BOND is trading in up channel.
US 10 YR. T-BOND is currently trading below all SMA.
RSI is in buying zone, which shows bullishness & stochastic is suggesting downtrend.
US 10 YR. T- BOND immediate support is at 113.24 & resistance is at 113.55
US 10 YR. T-BOND failed to break its resistance zone and made a double top now we can see further downfall.