. US 10 YR. T-BOND PRICE & TECHNICAL ANALYSIS - 29 March 2023

US 10 YR. T-BOND PRICE & TECHNICAL ANALYSIS – 29 March 2023

US 10 YR. T-BOND PRICE & TECHNICAL ANALYSIS – 29 March 2023

US 10 YR. T-NOTE

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

weekly chart
  • In the weekly chart, US 10 YR. T-BOND started trading in the up channel.
  • US 10 YR. T-BOND is currently trading above 5&20 SMA.
  • RSI is in buying zone, which shows bullishness. Stochastic is suggesting a downtrend.
  • Its immediate support is at 114.07 & the resistance is at 116.15
  • The US 10-Year T-Bond price reversed from the resistance zone but was unable to breach it. We can also see a negative aspect if continues to make the lower low structure.

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

weekly chart
  • In the daily chart, US 10 YR. T-BOND is trading in an up channel.
  • US 10 YR. T-BOND is currently trading above 20&50SMA.
  • RSI is in buying zone, which shows bullishness & stochastic is suggesting a downtrend.
  • US 10 YR. T- BOND immediate support is at 114.18 & resistance is at 114.86
  • The US 10-Year T-Bond price reversed from the resistance zone but was unable to breach it. We can also see a negative aspect if continues to make the lower low structure.

TRADE SUGGESTION – SELL AT 114.12, TAKE PROFIT AT 113.21, SL AT 114.83.

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