. US 30 YR. T-BOND Forecast & Technical Analysis - 28 November 2022

US 30 YR. T-BOND Forecast & Technical Analysis – 28 November 2022

US 30 YR. T-BOND Forecast & Technical Analysis – 28 November 2022

Technical Analysis of US 30 YR. T-BOND

US BOND MARKET HOLDS STEADY.

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART

In the weekly charts, 30 YR. T-BOND is trading in down channel. Currently it is moving below 20 & 50 SMA.

RSI is in selling zone, which shows bearishness. Stochastic is suggesting up trend.

Its immediate support is at 125.21 & the resistance is at 128.51

US 30 YR. T-Bond currently trading in down channel but as we can it has started moving up, a trend reversal is possible to the upside.

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART

In the daily charts, US 30 YR. T-BOND is trading in down channel. But currently price has started moving upside. It is currently trading above all the SMA.

RSI is in buying zone, which shows bullishness.

US 30 YR. T- BOND immediate support is at 127.51 & resistance is at 128.30

US 30 YR. T-BOND can continue to trade upside if it sustains to trade upside and holds current swing.

TRADE SUGGESTION – BUY AT 128.30, TAKE PROFIT AT 129.34, SL AT 127.48

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