#usdollarfutures #ustreasurybondfutures

USD_ DXM23

Weekly –  In the November 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 102.04 short entry on 3-22. Trade pressures are down . Volumes are now bullish.

The next target down is 98.61. Oversold is now 100.61.

A close above 102.27 would signal higher. The expected overbought levels are 102.90.

[4-17-23: The dollar is mid range. Buy any pull back below 101.50.]

 

US30YR T-BOND_ USM23

Weekly – In the October 2020 downtrend and testing the upside resistance. Trade pressures are up. Volumes are bullish.

Daily  – Short. Broke above the 200DMA and now in a back-test triggering the short entry at 131-18. Trade pressures are down. Volumes are now bearish.

The next target down is 128-23. Oversold  is 122-31.

The close above 131-28 would signal higher. The expected overbought level is 135-05.

[4-17-23: looking for a reversal to long. Set the close out of the short and the new long entry at 130-22.]

[4-20-23: Out of short trade at 130-23.  Long USM23 at 130-23. Set SL at 129-09.]