As long as we do not see RSI (daily, 14d) prints below 35, I wouldn't call for a trend reversal in years - maybe we'll see 4.00%, but I doubt we'll see 2-year yields come in more. Strategy long = long yields, i.e. short the 2-year Treasury bond.
Downtrend from mid-November broken, now we got the confirmation - would go long now, with stop 5% below at 45.8K. Minimum target at 51.5K, up 8%. Above 51K, take stop loss up to 51K.
RSI downtrend btw also taken out, with confirmation. RSI also hasn't gone below 30 which is a bullish sign.
Go for it!
After 62% Fib-retracement and break of short-term downtrend, expect at least a test of the long-term downtrend since May 2019 at 55ish. That's the short term.
Longer-term, I would expect to see 55 to be taken out, opening the way to the highs (and, if you really want to offer a stretched view, potential towards the 160 (!) level) above 100.
Yeah, right, we do...
EUR/CHF has done quite some retracement from the lows below 1.05 in spring. Now, struggling just below important 1.09 mark. A break of latter would open path to at least 1.1020 or 1.1160, but I would doubt this, considering the tweezer top of the past two weeks.
Shorting the pair with a stop above 1.0910, short-term target in the low 1.06s appears to make sense....
