. US 10 YR. T-NOTE Price Technical Analysis Forecast - 09 Nov 2022

US 10 YR. T-NOTE Price Technical Analysis Forecast – 09 Nov 2022

US 10 YR. T-NOTE Price Technical Analysis Forecast – 09 Nov 2022

09 Nov 2022

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

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

RSI is in an oversold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

The nearest support is 109.25 & the resistance is at 111.24. 

US 10 YR. T-NOTE will trade in down channel until there is a 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 selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

The nearest support is 109.42 & the resistance is at 111.08. 

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 110.26, TAKE PROFIT AT 109.42 AND STOP LOSS AT 111.08