#usdollarfutures #ustreasurybondfutures
USD_ DXU23
Weekly – In the new September 2023 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Long. In the move up from the long signal at 100.26 on 7/27. Trade pressure remains up. Volumes are now bullish.
The next target up is 106.79. The overbought levels are 105.71.
A close below 103.87 would signal lower. The expected oversold levels are now 102.96.
US30YR T-BOND_ USZ23
Weekly – In the October 2021 downtrend and moving down and away from upside resistance. Trade pressures are down. Volumes remain bearish.
Daily – Long. In consolidation lower after the long signal. Trade pressures are up. Volumes remain bearish.
Look for a pullback to enter a long trade around the oversold levels. The next target up is 123-20. Expected overbought levels are 122-010.
A close below 118-06 would signal lower. The next target down is 117-10. Expected oversold levels are 117-10.