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USD_ DXH24

Weekly –  Remains in the new December downtrend, but testing resistance.  Trade pressures are up. Volumes remain bullish.

Daily – Flat.  Continues with a second leg up from 102.36 on 1/16.  Trade pressures are now up.  Volumes are bullish.

Still in the up trending channel. The next target up is 104-28.  103.65 is the over bot level.

A close below 103.22 would signal lower.  The expected oversold levels are 102.61.

 

US30YR T-BOND_ USH24

Weekly – In the new December 2023 uptrend.  Trade pressures remain are down.  Volumes are bearish.

Daily  – Long. Breaks out of the downtrend channel from 120-26 on 1/30.  Trade pressures are up but turning down. Volumes are again bearish.

The next target down is a back test at 119-29.  Oversold levels remain 115-12.

A close above 122-31 would resume the move higher.  The next target up is 128-12.