. US 30 YR. T-BOND Weekly Forecast - 10 April 2023

US 30 YR. T-BOND Weekly Forecast – 10 April 2023

10 Apr 2023

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

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

US 30 YR. T-BOND is currently trading above 20&50 SMA.

RSI is in buying zone, which shows bullishness. Stochastic is suggesting no trend.

Its immediate support is at 131.16 & the resistance is at 133.48.

The price of the US 30-Year T-Bond is currently trading in an upward channel and is trading at an important resistance level; if it breaks through this level and maintains its position above it, further upside is possible.

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

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

US 30 YR. T-BOND is currently trading above 20&50SMA.

RSI is in buying zone, which shows bullishness & stochastic is suggesting a downtrend.

US 30 YR. T- BOND immediate support is at 132.89 & resistance is at 133.60

The price of the US 30-Year T-Bond is currently trading in an upward channel and is trading at an important resistance level; if it breaks through this level and maintains its position above it, further upside is possible.

TRADE SUGGESTION – BUY AT 133.27, TAKE PROFIT AT 134.10-, SL AT 132.65