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USD_ DH23
Weekly – In the new December 2022 downtrend. Trade pressures are down. Volumes are bearish.
Daily – In the move down and at the 104 oversold levels and also at the 200 day MA at 104.93. Trade pressures are down. Volumes are bearish.
The next target down is 103.49.
A close above 106.23 would signal higher. Overbought levels are 108.25.
US 30YR T_BOND_ USH23
Weekly – In the January 2022 downtrend. Trade pressures are up and price is near resistance. Volumes are bullish.
Daily – Flat. In the move up from the 120-27 long entry on 11/09. Trade pressures are up but showing divergence. Volumes are bullish.
The next target up is 132-13 and the prior high. 135-29 is the oversold level and the 200 day MA.
A close below the Friday 129-15 low would signal lower. The oversold level is 124-25.