US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS AND WEEKLY FORECAST – 01 MAY 2023
01 May 2023
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly chart, US 30 YR. T-BOND is trading in up channel.
US 30 YR. T-BOND is currently trading above all SMA.
RSI is in buying zone, which shows bullishness. Stochastic is suggesting no trend.
Its immediate support is at 130.10 & the resistance is at 131.60
US 30 YR. T-Bond Price was increasing but failed to break through the resistance zone; as a result, price reversed and is currently rising once more to break through the resistance zone. If price succeeds to break resistance zone, we should expect 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.
US 30 YR. T-BOND is currently trading above all SMA.
RSI is in buying zone, which shows bullishness & stochastic is suggesting up trend.
US 30 YR. T- BOND immediate support is at 131.18 & resistance is at 131.80
US 30 YR. T-Bond Price was increasing but failed to break through the resistance zone; as a result, price reversed and is currently rising once more to break through the resistance zone. If price succeeds, we should expect upside.