With WTI declining nearly %30 in a short time span and global growth slowing. Investors are long US TBONDS as they are willing to tolerate lower yields from bonds in anticipation of lower inflation and slowing growth.
Bonds rising will have a wide ranging market influence. From yields falling, to equities under performing to Japanese investors seeking domestic...
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....
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
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
