Jay – 10yr is at 4.46+ with a flat curve (mis-typed, working fast), curve is at 3.51 a year ago,, it means the curve is a higher but bit flat right now. 2yr curve is declining at 4.84 from 3.99 a year ago. So near term yields (especially monthly) are declining, the 10 is flat, the 15-20-30 are all moving up. So the market is pricing in higher yields further out, with a stagnant mid-term, and a declining near term. If I got it right.
Since its slow:
Just a note – The 6month yield is essentially flat at 5.06% and the 10yr is essentially flat at 3.51 on the yield curves. The only ones with a positive curve are the 15yr, the 20 yr, and the 30yr if I am reading the numbers correctly. I would love to hear from some of the viewers out there who never comment about what they think of that.
USDCHF 5-MINUTE CHART – CHOICE OF TIME FRAMES
I like to look at whatever time frame chart is tracking a market the best, especially when there is a trend.
Today I have found using 5-minute AT charts to identify changes in direction in what has been a range day since I came in
So here is one for you JP, which indicates a potential directional shift with the target at ..9088.
Reminder this is a 5 minute chart and directional shift patterns are better seen on 15 and 30-minute charts. but 5 minute has been working today.
This is a very timely article as USDJPY trades higher and the BoJ lurks
A Warning for Forex Traders; Don’t Count on a Central Bank to Protect Your Trade
A Warning for Forex Traders; Don’t Count on a Central Bank to Protect Your Trade
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