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USD_ DXM24
Weekly – Remains in the April 2024 uptrend. Trade pressures are down. Volumes are now bearish.
Daily – Short. Still in the move down from 105.73 on on 5/1. Trade pressures are down but rising. Volumes remain bearish.
The next target down is 103.56. The expected oversold levels decline to 104.20.
A close above 105.07 would signal higher. 105.81 is the lower expected overbought level.
US30YR T-BOND_ USM24
Weekly – In the April 2024 downtrend. Trade pressures are now up. Volumes are bullish.
Daily – Flat . Meeting resistance at the Median line and the 200 day MA. Trade pressures are up but have turned down. Volumes are neutral.
The next target down is 116-22. Oversold levels are 116-02.
A close above 117-18 would signal higher. Overbought levels are 118-27.