. US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS - 19 December 2022

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS – 19 December 2022

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS – 19 December 2022

19 Dec 2022

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

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

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

Its immediate support is at 129.34 & the resistance is at 132.42

US 30 YR. T-Bond currently trading in the down channel but as we can see it has started moving up by making a good bullish candle, breaking the previous week’s 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 suggesting no trend.

US 30 YR. T- BOND immediate support is at 130.22 & resistance is at 131.05

US 30 YR. T-BOND has started moving upside and it can continue to trade upside.

TRADE SUGGESTION – BUY AT 131.03, TAKE PROFIT AT 132.02, SL AT 130.25