. US 10 YR. T-Bond Sees Volatility Amid Economic Uncertainty

US 10 YR. T-Bond Sees Volatility Amid Economic Uncertainty

17 May 2023

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

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

US 10 YR. T-BOND is currently trading above 20&50 SMA.

RSI is in buying zone, which shows bullishness. Stochastic is suggesting no trend.

Its immediate support is at 114.65 & the resistance is at 115.49

U.S. 10-Year T-Bond Price was increasing but was unable to break through the resistance zone, so it reversed and now once again it is trading at the support zone; if the price breaks the support zone, then we can expect a downside.  

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 114.88 & resistance is at 115.16

U.S. 10-Year T-Bond Price was increasing but was unable to break through the resistance zone, so it reversed and now once again it is trading at the support zone; if the price breaks the support zone, then we can expect a downside.

TRADE SUGGESTION – SELL AT 114.88, TAKE PROFIT AT 114.45, SL AT 115.16