#usdollarfutures #ustreasurybondfutures
USD_ DXM23
Weekly – In the November 2022 downtrend. Trade pressures are down. Volumes are bearish.
Daily – Long. Still looking for a new move up. Trade pressures are up. Volumes are now bullish.
At the expected overbought levels are 102.16. The next target up is 103.15.
A close below 102.01 would signal lower. The expected oversold levels are now 100.77.
US30YR T-BOND_ USM23
Weekly – In the October 2021 downtrend and still testing the upside resistance. Trade pressures are down. Volumes are still bullish.
Daily – Flat. Still in the down move from 4-14, but it is a very choppy pattern with a short bias. Trade pressures are down into the neutral zone. Volumes are now neutral.
The next target down is 128-22. Oversold levels are 129-18.
The next target up is a breakout above 131.21. The overbought level is 132.13.