📌 @ridethepig AU02Y Market Commentary 18.12.2020
This position which arises after the telegraphed breakout from the 10Y and thus creates space for the front end. A typical manoeuvre for the AU and NZ yields:
The analysis of the starting position shows us that the control now exists on the bid; because we know that it is the path of least resistance, so the...
· The prediction I made of Australian Yields needing rebalancing earlier in the year points to slightly above average AUD buying throughout 2021 finally came to fruition.
· NZ and AU 10Y Yields bounced strongly first after the sweep of lows. The analysis of the starting position showed us that the control now exists on the bid; because we know that it is the...
I would have preferred it if Aussie Yields could have sought the break for the close last week, the decision to hold up here, rather than forcing the pass is notable that Yield curve control is really coming through. Which is an appendage to the following position in AUD:
Those aiming for this macro swing position are effectively trading the artificial Fed...
A noteworthy breakout in Aus 10yr with the technical damage already done as bulls remain supportive at the lows. The 38.2% from the impulsive leg, although still yet to be tested will cap any further downside in the coming weeks.
Here we are dealing with the capture of the pinned retrace. We have heaped up the size of our attack, but have to face up to the...
