To obtain this information, we need to look at four things:
-Fed Rates: The Federal Reserve's interest rates decisions can have a significant impact on financial markets and the overall economy.
-US5Y (US 5-year Treasury bonds): Yields on US 5-year Treasury bonds are an important measure to assess market expectations for short-term interest rates and investor...
Eurobonds have bottomed at 423.6% extension, that supports that wave 3 is over and we are heading to correct wave 4, It is gonna be a sharp and rewarding pullback even on Euro currency pairs, according to the law of alternation. look for buy setups on Euros especially crosses.
A s per the monthly technical analysis, the bonds have offered a nice rally to the upside. The bonds started to pullback causing weakness in the DXY index. The pull back hints further downside to fib 38.2% or 50% for wave 4 before we see further upside. @005fxacademy.
