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GustavFourie96

US treasuries pre-fomc

Long
US Government Bonds 10 YR Yield (TVC:US10Y)  
GustavFourie96  
TVC:US10Y   US Government Bonds 10 YR Yield
Technical Indicators Wave Analysis treasuries 10yeartreasurybonds junkbonds
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indicator waveanalysis treasuries 10yeartreasurybonds junkbonds
10-year treasury yields technically look set for a move higher after completing an ABC corrective pattern last week. The overbought status of the stochastic and the RSI indicators also point to a move higher.
The dollar and treasuries will however be at the mercy of the Fed this week.

Weekly candle:
snapshot
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