Breaking? a descending wedge. Given we have a weekly close, this would be important. Unless we see any retest, the European rates need a big catch-up. Risk assets have enjoyed years of negative yields. It may be time to change the easy money
German 10yr yields which have been negative yielding for much of the last few years continue to RISE and just hit a two year high (last seen May 2019).
They are set to go even higher in coming weeks/months and should be back in positive yield territory shortly.
Charts suggest German 10yr yields could rise to +0.50% in 2021. Great news finally for...
if you see crona crash on march 2020 ,germany and us 10 year yield give buy signal sooner !!
check on sundays us and germany 10year yield not bad
for now yields go down(trend -) can show dax will start down trend
Mr. Market seems to question the ECB.
US yields are going higher again, and USD curve gets steeper every day. European long end bonds will sell off too. Both Bund and BTP yield will likely trade much higher and EUR curves will get steeper.
I hope you had a nice weekend.
In this new video update, I want to look at US-German yields differential as this may suggests where the USD can be headed next. However, technically the DXY downtrend is not completely invalidated yet, so rather than shorting EURUSD, look at USDJPY instead where I see more upside after retracement.
Have a nice day.
📌 ridethepig | Rate Differentials Pausing via Italian Politics
An important chart update here as we are talking "differentials" in the abstract concept of waves and TA.
We must first take notes of the previous leg which was the 1st wave and far from easy to spot, in the early game of rate differential turns, it takes a lot of energy to exploit one side the...
As we approach day of the new year I'd like to take note on the significance of watching all global 10y benchmarks. The way these develop in a composite will give a cleaner trend based picture as to where central banks are "movving"
Near term out look: Neutral ( IE nothing that marginal pull backs in the periphery give way to better entry on financial equity...
After one of the most unexpected years, I thought I should take a step back and look at macroeconomics a little bit, at one specific chart that I've been watching. That is the German Government 10-Year Bond Yield (DE10Y). I've been anticipating a signal in that chart that will indicate massive shift in global market trends and will bring us closer to the next...
As yields continue to push lower across both sides of the Atlantic technical trigger points project a break out of range. Fundamental interpretation from ECB's Lagarde's recent commentary in a interview on OCT 15 gives room for the implication that could see "cheaper yields, and richer bonds in the interim".
Lagarde stated the following "Rebound is uneven across...
📍 A quick update here on the elements of EUR and USD
Ending the 'C' part in the swing down has been a hard struggle and with such a problem a surprising retreat is expected. Buyers are threatening to bottle up their opponent.
A pullback in EURUSD towards 1.15/1.14 will make things a lot easier:
The positional strength in Bunds was just too strong to contain, the rest is obvious.
Now play the topside, retraces into buyers jurisdictions at -0.35 and -0.50 will attract a lot of selling interest in bunds (hence pushing yields up) and triggering the capitulation. We are...