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TNX

Gold looking to test 1250Today we got further confirmation of a golden-cross with gold, and even though we had a slight hiccup intra-day spurred by a USD bond sale, we closed above 1240 and made new highs for this run. TNX is struggling to maintain above water, and it's RSI has been trending down since it's run up in November. We could potentially see a death cross as it's 5EMA makes it's way through it's 50EMA. Once it breaks trend I'm expecting a waterfall here, and the MACD is supporting this notion. I'm not going to change my mind on my bullishness of gold as long as these technical factors remain in place. I will sell as soon as the climate changes, which may not be for a little while.
FX_IDC:XAUUSDLong
by GeorgeJimas
US 10-year yield at major crossroadsThe TNX should be watched very closely next week as the daily chart currently indicates a high risk of seeing another bond rally in the wake of the latest US employment figures (which weren't all that bad). If doubts over a possible Fed rate hike towards the end of the year strengthen in September, the 10-year yield could fall back to it's historical lows, reached earlier this summer. This trade setup currently suggests that so long as the TNX trades sub 1.65%, bond prices are likely to rebound in September. The other scenario would consist in prices breaking support, perhaps in the wake of hawkish comments by FOMC participants, leading to a new period of rising rates similar to that which we saw in 2013 and 2015.
TVC:TNX
by ABRAK75
WAITING FED DECISION (T-NOTE)Today, the main event is likely to be a speech by Fed Chair Yellen before the World Affairs Council of Philadelphia, where she is expected to speak about global conditions. Given that Yellen already expressed her view on rate hikes last week, when she said that a hike “would probably be appropriate” in the coming months, we don’t expect any significant deviation from that remark. She is most likely going to reiterate that rate increases may be warranted in the near-future depending on the quality of incoming data. Following the very soft employment report for May though, we believe that the likelihood for a summer action has declined notably and thus, we will maintain our view that June may be too early for the Committee to act. If you trading eurusd, this analysis may be useful.... The effect NFP released Friday about eurusd: (Click and Play) We hope that our analysis can help you in your trading, if you think that our work has a value, support us with "I Like" button ... thank you very much!! SignalSwiss TRADING ROOM: www.nonsolotrading.com
T
by TheAnonymousBanker
4
DXY Rebound from 93.8 - Expecting Fed to Maintain 10Y Bond FloorI see overwhelming amt of negative press in the media regarding no chance of a Fed rate hike however I feel that most are overlooking the other supporting factors for a potential increase in Dollar Strength in the short term. I am fundamentally biased to believe that the fed will be maintaining the 1.7% bond floor for reasons concerning economic stability and limitation of capital outflows from the US debt market (in order to sustain fiscal deficit for as long as possible before corporate earnings get too bad). -BOJ indicates that it does not want to see the Dollar going any lower vs the Yen and I expect Yen to have a significant retrace after the extreme volatility seen in the past 2 months. -Crude/Brent at a very high historical zone of resistance, expecting retrace along w/ UCAD following suit. -Cable and Fiber seemingly unstable sentiment for the next few weeks especially with the latest Brexit polls out. Best of luck!!
TVC:DXYLong
by RahulAndra
1
Major markets monthly - 5/9/2015I originally published this chart back in last November. This is a revisit. SP500 - goes nowhere so far, no direction (flat, dull) TNX - ticking up, no question. DXY - first up, now down. HGX - broke out and now on support. XAUUSD: dance around resistance line on the downward slope. USOIL: bottomed and work on its way up, pullback a little bit recently. Implications for portfolio? . keep holding US equities. . reduce bond holdings. . keep alert on housing sector. . gold: bearish but watching for opportunities. . oil: use pullback and support to add position.
SP:SPX
by CosmicDust
1