. US 30 YR. T-Bond Price Forecast Technical Analysis - 27 March 2023

US 30 YR. T-Bond Price Forecast Technical Analysis – 27 March 2023

US 30 YR. T-Bond Price Forecast Technical Analysis – 27 March 2023

27 Mar 2023

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

weekly charts

In the weekly chart, US 30 YR. T-BOND started trading in the up channel.

US 30 YR. T-BOND is currently trading above 5&20 SMA.

RSI is in buying zone, which shows bullishness. Stochastic is suggesting an up trend.

Its immediate support is at 131.03 & the resistance is at 132.43

The price of the US 30-Year T-Bond is rising towards the resistance area. Price may rise further if the resistance zone is breached, and the price maintains above it.

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

weekly charts

In the daily chart, US 30 YR. T-BOND is trading in an up channel.

US 30 YR. T-BOND is currently trading above 20&50SMA.

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

US 30 YR. T- BOND immediate support is at 131.03 & resistance is at 132.35

The price of the US 30-Year T-Bond is rising towards the resistance area. Price may rise further if the resistance zone is breached, and the price maintains above it.

TRADE SUGGESTION – BUY AT 132.35, TAKE PROFIT AT 133.91, SL AT 131.19