Bund continuationIdea: Bund continuation long based on bullish RSI swing failure on the hourly chart. A strong break long at the recent daily high of 164.164 could see a move up to the next daily top of 165.55.
Cons: The stop has to survive the Monday open. Strong resistance at 164.164 will form a double top.
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BUND
Bunds Bouncing Up?Bunds have not been able to break below this key trendline (blue) which has served as the support for this move since 2014.
The path of least resistance appears to be to the upside with a major resistance area pretty far above @ ~180.00. Both the top of the current channel as well as a major trend line connecting the '94 and '99 highs (green)
BUND 12h chart - risk-off mode supports next leg higherWe had the Manchester terror attack overnight and Indices seem to continue with their correction mode. This is basically risk-off mode in early Europe trade environment, BUND should gain a bit short-term. Long-term I see downwards traction, but I`ll provide a big picture chart for that later.
Other alternatives in risk-off mode :
GER30 ( DAX ) short
EURUSD short
EURJPY short
DXY long
BUNDThe run was good but now it's tricky. 164,00 is a good level for short, but if the dax goes down the BUND can go to 166,00! So we will see it next week i think.
before contract change in june 8th, we see 166,00 and than short till 161,00/160,00.
And for the longer time we have to look when this bubble burst. That's the biggest bubble we've ever seen. Look at the spread till german 10y rate and french 10y rate!
Good luck to all and have a nice weekend.
Euro-Bund big correctionEuro-Bund starts to have more corrective moves.
The last week Euro-Bund correction add some strength to Euro against most of currencies.
If the price of Euro-Bund continue to fall, we may see more strength in the Euro.
Euro-Bund is challenging a major support levels.
A bigger drop or a massive correction of Euro-Bund, may even put pressure on ECB to revise the Interest Rate.
Forecast Euro Bund Future Next Few MonthsMidterm forecast Euro Bunds Future:
Expect 3rd wave down reaching for 160.50 - 160.00, taking out stops below the structure in the process. Then a consolidation followed by a move up to 167.50 - 167.75 to close the gap.
Special focus on the Fib Time Series, would love to see the swings at the marked lines.
BUNDnow we are in a range 165,50 to the upside an 160,00/195,50 to the downside
if we look at the options on the bund www.eurexchange.com
we see the highest oi at 165,50 with 26088 contracts for calls jan.
for put 2017 jan ar oi 35,308 contracts at 160,00. an it can be a down till 158,00 what this says now. But we have to look longer what they do.
This is not a trading advice. Trade your own plan please.
Merry Christmas for all...
BUND - waiting for pullback to go longHello to me Bund is shouting long. It would be nice to have a pullback as a buying entry.
In my chart I outline some possible scenarios.
The important factor is that it broke the black dotted bearish trend line connecting P0 - P2 (the line of maximum excursion) and now is ready to go long. Medium term targets are 166 and 168.
TVC:EUBUND
Bund (DE10YBEUR) - bullish signals in trendAfter an analisys, on the weekly we can see how the price shape a bullish harami.
Going on the daily chart we can see that the price action in trend has started with a doji that will be a resistance point.
Now we are a bit late with time for entry but the price pierced 38,2% Fibo.
Anyway, I think we can go long with first target at the other Fibo level at 164,78 price level with SL at low of the doji.
I'll glad if someone will give below suggestions or his prospectives.
Thanks.