. US 30 YR. T-Bond Price Technical Analysis & Weekly Forecast

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS AND WEEKLY FORECAST – 17 APRIL 2023

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS AND WEEKLY FORECAST – 17 APRIL 2023

US 30 YR. T-BOND

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

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

US 30 YR. T-BOND is currently trading below 5&50 SMA.

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

Its immediate support is at 130.11 & the resistance is at 130.90

US 30 YR. T-Bond Price was rising but was unable to break through the resistance zone; as a result, price reversed and is now trading at the support zone; if the area of support is broken, downside is possible.

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

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

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

RSI is in buying zone, which shows bullishness & stochastic is suggesting down trend.

US 30 YR. T- BOND immediate support is at 130.14 & resistance is at 130.91

US 30 YR. T-Bond Price was rising but was unable to break through the resistance zone; as a result, price reversed and is now trading at the support zone; if the area of support is broken, downside is possible.

TRADE SUGGESTION – SELL AT 130.14, TAKE PROFIT AT 129.17, SL AT 130.91

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