31 October 2023
Overall, US10YT yield bullishness still remains intact around MA10 Support/4.889%. Even if the yield has to slide down again to the MA20 Support around 4.80%, it does not actually disrupt the uptrend. ADVISE: HOLD; or reduce position, set your Trailing Stop; later BUY ON WEAKNESS around Support lower channel or yield 4.726%.
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30 October 2023
Ahead of the FOMC Meeting announcement on Wednesday (Thursday morning, Western Indonesia Time) regarding the Fed Fund Rate which 98% of the market expects to stay at 5.25%-5.50%, the bullish US10YT yield is somewhat consolidating looking for Support on MA10 & MA20 in the range: 4.88% - 4.87%.
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27 October 2023
The bullish yield of US10YT is hinging on MA10 Support around 4.87%. A break of this Support will bring US10YT towards MA20 / yield 4.8%. However, if the yield has to slide down again to the lower channel Support of 4.69%, this has not disrupted the short-term uptrend of US10YT. ADVISE: reduce position, set your Trailing Stop.
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26 October 2023
US10YT yield bullishness proved to remain strong by staying above MA10 / 4.855% Support. US10YT will return to test the Resistance from the previous High level and around the upper channel: entering above the psychological level of 5.0% again. ADVISE: Hold, Wait & See.
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25 October 2023
US10YT appears to be testing the nearest Support in this uptrend which is MA10 at 4.815% yield. Even if this level is unable to withstand yield weakness, it will roll towards the second Support which is MA20 / 4.751%.
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