Note: all comments regard yields, not bonds: “new uptrend” = uptrend in yields and thus a bear market in bonds.
The recent pullback has left a new higher base above the daily/weekly breakout level around 1.403%. This higher base confirms the primary uptrend and thus strong bullish outlook for yields over the longer term. Our focus remain on the first resistance...
Although the fake news would have you believe that the Eurozone is fast on its way to recovery, it is still mired with issues and the failed Euro is taking its toll on German yields. There is still geopolitical tension, a migrant crisis, and a huge stagnation in inflation that extends to the entire developed world.
The Kovach Chande is incredibly bearish and we...
SELL GBP10Y AND BUY US10Y
DIVERGENCE ON OVERBOUGHT RSI PLUS MACD DIRECT BEFORE GENERATING SELL SIGNAL , FALSE PREVIOUS FUNNEL BREAKOUT MAY LEAD TO EXTENDED TARGET AS PRESENTED.
SILENT ATR SUGGESTS LONG TERM DOWN MOVE
After a period of consolidation and uncertainty the market has finally chosen direction. The multi tested trend line of 2013/2014 has been taken out triggering a trend reversal higher. Yields should rally towards the first projection at 2.05% without too much trouble. On a 6-9 month horizon the main target comes in at ‘a whopping’ 2.69%.
WEEK 1 : The Bond/Yields and the currencies (Fixed Income is key)
I must disclose that I am far from an economic guru and I am purely a technical trader. The most fundamental it gets for me is just interest rates.
My studies and personal statistical analysis has proved to me that the interest rate market is responsible for manipulating the currency...