US 10Y Yields - End of January Analysis

212
Today is an important day as it marks the first day of a new month, giving me the added advantage of analysing the full month’s candle close as well as a weekly close.

Here, I share with you how fundamentals this month affected price action and where in the medium to long term the market can reprice up/down into.

The highs for the month is 4.809%
The lows for the month is 4.488%

Candle body closure above 4.818% will negate my bearish notion of retracing down into the November 2024 monthly bullish order block.
Note
*MONTHLY NOT WEEKLY*
Trade closed: target reached
snapshot

4.471% - 4.468% weekly equilibrium has been met.
Note
4.468%snapshot
7 days worth of rangebound trading.
End of Tuesdays daily candle closed bearish after rallying and rejecting the lower portion of the liquidity void.

New highs was formed this week with todays price action.

High possibility for yields to draw further inside of the daily BISI, below 4.468% equilibrium
Note
snapshot
Just before the opening bell, yields has drawn down to fill in the daily timeframe BISI

Will be interested to see how today closes.

NFP week so expect volatility
Note
snapshot
snapshot
End of week price action

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.