10 year treasury yield broke the 37 year parallel channel.
Using measured movements from 1976-1986 I took measured movements to project where rates may go.
It already exceed #3
Enjoy
USD CAD has been on an up trend since May of 2021.
The parallel channel marked “A “clearly shows that.
Next, we have the PSR at 1.30, Its one of those round numbers like $1.20 that people automatically relate with.
Now we have confluence where the PSR and the S/R level are being reached together to form a new path. Marked “B”
This pair have broken the parallel...
GJ has been retesting a previous support resistance zone.
I am looking for a possible long term trend reversal.
I do have a knack if calling these things a tad early but i feel strongly about this one.
Here is a 15 minute chart with a possible play.
USDHUF just hit my alarm to Buy. There are many things at play here. It hit the purple zone and also in a 3 month consolidation zone from 2018. I am showing a 1 day chart just to show the rejection zone. the 1 and 4 hour look more playable.
