. US 30 YR. T-BOND Technical Analysis - 29 AUG 2022

US 30 YR. T-BOND Technical Analysis

29 Aug 2022

US 30 YR. T-BOND Price Technical Analysis: Weekly Chart

In the weekly charts, US 30 YR. T-BOND is trading in down channel. US 30 YR. T-BOND is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 135.85 & the resistance level is at 137.82.

US 30 YR. T-BOND will trade in down channel until there is trend reversal.

US 30 YR. T-BOND Price Technical Analysis: Daily Chart

In the daily charts, US 30 YR. T-BOND is trading in down channel. US 30 YR. T-BOND is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 135.71 & the resistance level is at 138.14.

US 30 YR. T-BOND will trade in down channel until there is trend reversal.

How to Trade US 30 YR. T-BOND this Week:

US 30 YR. T-BOND will follow the downtrend until their trend reversal. So, remain bearish on US 30 YR. T-BOND

TRADE SUGGESTION- SELL AT 136.83, TAKE PROFIT AT 135.71 AND STOP LOSS AT 138.14