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Copper, USD/CHF and DAX Eye Upside as US Yields Stay High

By
Christopher Lewis
Published: Aug 24, 2026, 13:27 GMT+00:00

Copper, USD/CHF and DAX technical analysis highlights bullish setups as the US 10-year yield holds near the top of its range.

US 10 Year Yield Technical Analysis

The US 10-year yield holds at 4.708% above both EMAs, trading between 4.60% support and 4.75% resistance. Source: TradingView

The first chart is the 10-year yield in the United States. We continue to see elevated yields despite the fact that we did gap a little bit lower at the open and drop, but the reality is we are basically at the top of an overall range. Ultimately, the 4.60% level underneath for me is significant support for rates. The 4.75% level above is significant resistance. We are elevated, and I think ultimately that’s the story here. Higher rates do influence certain markets.