US 10 YR. T-NOTE PRICE & TECHNICAL ANALYSIS – 12 October 2022

US 10 YR. T-NOTE PRICE & TECHNICAL ANALYSIS – 12 October 2022

US 10 YR. T-NOTE

US 10 YR. T-NOTE Price Technical Analysis: Weekly Chart

In the weekly charts, US 10 YR. T-NOTE is trading in down channel. US 10 YR. T-NOTE is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

The nearest support is 110.58 & the resistance is at 111.72. 

US 10 YR. T-NOTE will trade in down channel until there is trend reversal.

US 10 YR. T-NOTE Price Technical Analysis: Daily Chart

In the daily charts, US 10 YR. T-NOTE is trading in down channel. US 10 YR. T-NOTE is currently trading below all SMA.

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

The nearest support is 110.56 & the resistance is at 111.65. 

US 10 YR. T-NOTE will trade in down channel until there is trend reversal.

How to Trade US 10 YR. T-NOTE this Week:

US 10 YR. T-NOTE will follow the downtrend until their trend reversal. So, remain bearish on US 10 YR. T-NOTE

TRADE SUGGESTION- SELL AT 111.01, TAKE PROFIT AT 110.56 AND STOP LOSS AT 111.65

About Author

Related posts

Leave a Reply