Yields on the US-10 Year Treasury continue to head lower, as they approach a multi-year support of 1.426% (blue), a level not seen since July 2016. "Risk Off" continues to be in play.
Forecast: I am expecting Bund to continue its uptrend going forward next 2 weeks. Currently, this week weekly candle close as an inside bar, suggesting consolidation period. Bund will either expand this coming week or next week. First: Expansion next week, How to get in? Trade entry: Long the Daily demand zone, with stop below Confirmation: Reclaim last week...
The last drop in stocks markets and a recession fear makes us suspect if we are facing a bear market... Read more.
We are currently witnessing levels is the Bond Market that have never been seen before. Again today, the US02Y-US10Y have inverted multiple times. The US01M-US03Y have now also inverted. We currently live in a time where debt is out of control and unfortunately there is no end in sight. History shows, within 6-18 months after a US02Y-US10Y inversion, the...
Gold is such a haven asset and this chart is showing exactly how the current market is doing so, and the risk appetite isn't so nice compared to Gold! Again, Don't blame the FED! This is because of Donald Trump and his trade war, so don't blame China either. However, the equity market is struggling to keep the prices as high as possible and not pricing in the...
Ever since those assholes reneged last year bonds have been on a tear. But the monthly suggests we are running outta juice.
S&P 500 is gearing up for a possible downfall towards 2500 Area before it bounces back towards the 3000 YTD Mark.
Hi ALL, Were looking at the GBPUSD this is a pair we do not like to trade at present due to the current climate and uncertainty that consistently surrounds this pair. GBPUSD can be so volatile and unpredictable that even technically with indicators and market sentiment a sudden news flash or tweet sends this market into 100 pip chaos. Here we take a look at...
Overbought bond market might see this ETF heading south to the high to low 130's
UK monthly retail sales were expected to decrease by 0.2% however, but fortunately, we observe the increase by 0.2%. The pound was trying to gain a foothold above 1.21. Although the attempt failed at the end of the day, we continue to recommend buying the pound both mid-term positions and on the intraday basis. Pound back above $1.21 but not for the log time. US...
Correction is probobale and we are facing with the end of it.
Price is back into monthly demand looking bullish with price in this area of demand + support line.
Sad trading view doesn't have charts such as alot of bonds. A shame. Well, site is full of $1500 lifesavings people that are going to lose what little they have on cryptocurrencies. Site has all the alts from all the exchanges... I just saw yet another bond price go balistic. The Austrian 100Y bond, it went something like shown on this chart. US 30Y ballistic...
This week is not that much eventful for the financial market however there is an exception - Friday. A block of statistics from the UK, including data on GDP and industrial production. The general slowdown in the global economy, not positive expectations of experts may well come true. The current forecast for UK GDP growth in the second quarter is 0%. That is, too...
Could see a hold at 162.000