US Generic 10 yr yields took a leap towards the reverse h&s neckline, 2.60% is the key level the watch.
if yields breach above 2.60 music stops for the long EM trades for the short term!
hedge longs especially fragile 5s ccy and bonds
US 10Y bond yields are at a critical support point. If broken, downward move might accelerate.
Upper consolidation zone is almost complete, there remains only a small contraction area before break-out (either downwards or upwards).
Comparing the current US 10Y bond yield and gold_ price levels with those of 8th November 2016, gold_ has recovered to day-one-value...
Great buying opportunity has arrived, lets buy some gold in this area for 1309 area. USDJPY has become over extended and has entered into a great short opportunity and US 10YR Yields has also become over extended. Green pips to all
We find different trendlines and an important support at this point. If the stock market keeps rising we might have a lower price, also because commodities and bonds trend inversely (1) we could have a small change in the trend, because both oil and gold have fallen.
1. Murphy, J. J. (2015). Trading with Intermarket Analysis: A Visual Approach to Beating the...
Yellen continues to beat around the bush regarding a rate hike this month. Yields have been rallying leading up to Yellen's speech but the Fed continues to disappoint by not providing a concrete decision on whether they are raising or not. If we treat this as a fake break of the trend line but more so as a box and range then we could see 2.300 again before the...
This is an update regarding my breakout idea from the weekend. Today the yields failed to push below Friday's low and we got a close back above the trendline. Price is being supported ahead of Trump's speech tomorrow. There's a possibility bulls can push back towards 2.500 this week. I am residing with slightly bullish on the Dollar until further confirmation....
I have been bearish on the Dollar for the past few weeks. Even with good US economic data the yields have been selling off aggressively breaking the wedge. My target for US yields is the weekly gap and I expect the dollar to fall below 100.00 in the coming weeks. I'm expecting a retest of the lower trend line on the yields and continuation of the bearish sentiment.
Over supply from the auctions should keep treasury yields rising to test the high @ 2.65 on the 10yr. Bills and 7yr being auctioned tomorrow should continue to fuel the Dow higher. $DXY might follow yields to 102 forming a right shoulder depending on the data tomorrow and Friday.
Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards :)
Aaron
Bond yields are moving in accordance with changes in term premia.
A normal mean-reversion of term premium on the 10 year Treasury should maintain bearish bias.
After the sharp sell-off in bonds with little-to-no retracement, a correction was to be expected.
Thus, bond prices are moving as expected.
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
