According to our analysis Fgbl completed its down trend and we expect a reversal now
One to keep an eye on this one, FGBL is on it's way to 187 (we believe it will touch it) and then it will be time to dump the 10-year fictitious bond.
Please share with me your thoughts
Hello traders, Let’s analyze the Euro Bund Futures. I think we have an agreement that FGBL was taking an upward trend. The question, could this trend continue? Since 5 June, FGBL reaches at each time a maximum (Levels 1,2,3,4) and decreases slowly again preparing for another maximum. But after pointing the level 5 of 176.89, it makes a sharp drop to the low level...
Hello traders, The FGB Future is right now showing signs of a quick increase, So for intraday trading, it seems a good time to buy it, but we should wait for the other signs (Red candle and red volume) at which we need to be a seller. Right now, it’s time to buy FGBL and I repeat for quick intraday trading. If the price breaks the R1 and then the R2 resistances,...
FGBL is showing in long term a good investment. Since 5 Jun, the evolution is limited with pitchfork indicator. So buying FGBL contract would be a perfect choice. My advice is to buy FGBL and keep an eye on its evolution in case of any break of the pitchfork hallway, with higher level of volumes.