The corrective process is underway in German 10-year yields. The market met the criteria for the 3rd wave extension, since then we have retraced 23.65 of the prior leg down. A log of congestion here, expect oscillation for some time in this 4th wave (no surprises here for the FED / ECB combo coming later in the month). For confidence in a base formation we would...
and then after that some will pump really hard some will snake forever all time highs- no resistance all time lows- no support price discovery!
DE10Y vs BAS.DE : BASF stock price tends to lead German 10 year yields. Currently, BASF signals a rate spike is in the cards followed by another low in DE10Y
Long term positive momo divergence, DM 13's $BUND, $FGCL_F, $EURUSD, $DXY
Here we are tracking the completion? of an ABC sequence. This should attract buying interest in usual circumstances however alarm bells are ringing after the ECB could only go one month with the tap turned off. Tracking these lows very carefully over the coming days with risk from Brexit, Meuller and Turkey around the corner. All the best.
Increased spread between Germany 10-year bond yield vs Japan 10-year yield could indicate a slide in the Euro against the Yen. Even though the yield is higher for European bund, the risk appetite is declining, while the global economy is projected to have a slow growth rate through out 2019. This means that investors seek safe heaven assets like the Yen and JP10...
We may show some short term demand on bonds because of equities volatility that I already expect. But I think anyway the EU bond market will remain under the bigger catalyst that this market will have to forecast new prices to settle to after ECB will pull out in december. My trading plan here is to remain bullish on the december future expiration and buying all...
Fake bearish flag breakdown $DAX, $EURUSD, $BUND, $FGBL
Deflation in Germany ? ... German ten-year government bond interest rate points to this. The graph shows that future interest rates are expected to decrease even further. If the technical analysis is correct, then there will be another bottom line in the interest rate field. This is reinforced by the formation of a third wave structure and a downward ATR axis...
The US economy is doing better than the euro-zone. TVC:DE10Y were set for their fourth straight week of declines. Is Germany’s crisis over? But even though the crisis in Berlin has abated, the deal needs the backing of other EU countries, which will be difficult.
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Approaching ABCD PO at 2.750 area $IT10Y, $DE10Y
Broke out, at minor resistance now $EURUSD
10-year yield curve US-German comparison. The comparison aims at further understanding the EURUSD track. The DE10Y yield curve shows that the decreasing correction structure (red line) is shorter. But it can also be seen that the size of the fractals (green wave) before them is getting smaller. It can have two consequences. The first is that a drop in yields is...
Bund has made a bullish exit and sees major support at 159.26 (Fibonacci retracement, horizontal overlap support). A strong rise could occur from here pushing price up to 160.65 resistance (Fibonacci retracement, horizontal pullback resistance). RSI (34) has made a bullish exit signaling that there’s a change in momentum from bearish to bullish. Trading CFDs on...