GrizzlyBearBee

Investors are bullish on US Treasuries

Длинная
NASDAQ:TLT   Казначейские облигации США 20+ лет (ETF)
The tide in the $20 trillion Treasury market appears to be turning in favor of the bulls for now, with expectations growing that the Fed will boost purchases of longer-maturity debt as soon as next month after Mnuchin requested the FED to return the money set aside for lending programs in the US.
This implies we could see a weak US Dollar moving forward. However the pandemic situation could keep investors uneasy for now.
A September 2020 pivot Low stands between the currency's next level of major support zone at 88.2xx.
I'll take this play from a Commodities and Emerging Markets currencies perspective.
Silver is an interesting precious metal that could see this year's pivot high breached to the upside with a $34.xx being a possible target 🎯 for 2021.
The USDSGD is in play to breach a storng level of support that held the price twice in both January 2019 and January 2020. If the monthly candle closes below this area, it's next support 🎯 will be around the 1.30xx - 1.31xx supply area.

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.