The worst days for the economy could still be ahead of us, according to Fed Chair Powell and Treasury Secretary Mnuchin. Traders following Fed policy could look to interest rate products like the US Treasury Bond to express views in the futures market as the six month view of US Treasury Bonds displays strength during this recent up-trend, per Charles Schwab. Key quotes “182 is the key resistance level to break on the upside with no material resistance above this level as prices would be testing all-time highs.” “Support is found at 177-14 and would be a significant break. Downward target would be the 170 level should weakness resume in the Bond market.” “Moving averages have again turned positive. Stochastic RSI is drifting into the overbought area and could indicate momentum of buyers stepping in buying up recent dips.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CHF stages a modest recovery from 3-week lows, holds above mid-0.9600s FX Street 2 years The worst days for the economy could still be ahead of us, according to Fed Chair Powell and Treasury Secretary Mnuchin. Traders following Fed policy could look to interest rate products like the US Treasury Bond to express views in the futures market as the six month view of US Treasury Bonds displays strength during this recent up-trend, per Charles Schwab. Key quotes “182 is the key resistance level to break on the upside with no material resistance above this level as prices would be testing all-time highs.” “Support is found at 177-14 and would be a significant break. Downward… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
