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

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS AND WEEKLY FORECAST – 26 APRIL 2023

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS AND WEEKLY FORECAST – 26 APRIL 2023

26 Apr 2023

US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART

In the weekly chart, US 10 YR. T-BOND is trading in up channel.

US 10 YR. T-BOND is currently trading above all SMA.

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

Its immediate support is at 115.02 & the resistance is at 115.75

US 10 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. While it broke the previous week high also. If price succeeds to break resistance zone, we should expect an upside.

US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART

In the daily chart, US 10 YR. T-BOND is trading in up channel.

US 10 YR. T-BOND is currently trading above all SMA.

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

US 10 YR. T- BOND immediate support is at 115.39 & resistance is at 115.83

US 10 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.

TRADE SUGGESTION – BUY AT 115.83, TAKE PROFIT AT 116.42, SL AT 115.39