US 30 Yr. T-Bond Price Technical Analysis
05 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 below 20 & 50 SMA.
RSI is in buying zone, which shows bullishness. Stochastic is suggesting an up trend.
Its immediate support is at 129.46 & the resistance is at 130.23
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 all SMA.
RSI is in buying zone, which shows bullishness & stochastic is suggesting an uptrend.
US 30 YR. T- BOND immediate support is at 12.30 & resistance is at 130.01
US 30 YR. T-BOND can continue to trade upside if it sustains to trade upside and holds its current swing.