. US 30 Yr. T-Bond Price Prediction & Technical Analysis - 12 Dec 22

US 30 Yr. T-Bond Price Prediction & Technical Analysis – 12 December 2022

US 30 Yr. T-Bond Price Prediction & Technical Analysis – 12 December 2022

US 30 YR. T-BOND

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

In the weekly chart, US 30 YR. T-BOND is trading in down channel. Currently it is moving above 5& 20 SMA.

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

Its immediate support is at 129.66 & the resistance is at 131.84

US 30 YR. T-Bond currently trading in down channel but as we can see it has started moving up by making good bullish candle, breaking previous week high, a trend reversal is possible to the upside.

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

In the daily chart, US 30 YR. T-BOND is trading in up channel. It is currently trading above 20 & 50 SMA.

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

US 30 YR. T- BOND immediate support is at 129.48 & resistance is at 130.60

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

TRADE SUGGESTION – BUY AT 130.60, TAKE PROFIT AT 132.05, SL AT 129.70

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