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USD_ DXH24

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

Daily – Flat.  At the bottom band of the channel.  Trade pressures are up but turning down.  Volumes are bullish.

In the bull flag. A break out would be at 104.24. The next target up is 104.87.  104.63 is the over-bot level (lower high).

A close below 103.66 would signal lower.  The expected oversold levels are 103.59.

 

US30YR T-BOND_ USM24

Weekly – In the new December 2023 uptrend but at support.  Trade pressures remain down.  Volumes are now neutral.

Daily  – Flat. In the move down but turning up.  Trade pressures are up. Volumes remain bullish.

At the next target down at 117-12.  Oversold levels remain 115-14.

A close above 120-19 would resume the move higher.  The next target up is 120-02. Overbought levels are 127-14.