The 10 year Treasury and the US dollar both fell to key support lines. Yields bounced. The dollar didn’t.
The breakout in the 10 year yield has pulled back to the point where it is on the verge of failure. The dollar is challenging the highs after its breakout, threatening another. This report shows short and long term charts with indicators and covers what to look for.
Bonds and the dollar have been extremely volatile while remaining rangebound. Here’s what it means in technical terms.
Both Treasury yields and the US dollar have been in trading ranges since the false breakdowns on August 23-24. The charts send messages. This report interprets them.
Treasury yields have broken down from their trading range while the US Dollar continues to threaten an upside breakout.
Technical outlook of the intermediate and long term trends for the US Dollar and 10 Year Treasury Yield. The intermediate trends may be flat, but the longer term trends are clear. Download this report to see where they’re headed.
Both Treasuries and The Dollar remain rangebound. Here’s what the tea Leaves sayabout that.
The outlooks for Treasury Yields and the dollar still call for higher highs.
The recent surge in the 10 year yield has reconfirmed the uptrend that began off the February low. The top of an 8 month wide reverse head and shoulders pattern that could be the base for a big move higher is at 2.40. Meanwhile the US dollar continues to consolidate. This report covers the outlook…
Bonds yields have broken a 17 month downtrend. The dollar has become rangebound while its long term uptrend remains in force.