#usdollarfutures #ustreasurybondfutures

USD_ DXM24

Weekly –  Remains in the April 2024 uptrend.  Trade pressures remain down. Volumes remain bearish.

Daily – Short.  Still in the move down from 105.73 on on 5/1.  Trade pressures are up but declining.  Volumes are bullish.

The next target down is 103.67.  The expected oversold levels rise to 104.26.

A close above 104.93 would signal higher. 105.21 is the lower expected overbought level.

 

US30YR T-BOND_ USM24

Weekly – In the April 2024 downtrend.  Trade pressures are now in the neutral zone.  Volumes remain bullish.

Daily  – Flat . Attempting to rally after breaking support at 116-12.  Trade pressures have risen into the neutral zone. Volumes are now bullish.

The next target down is 112-29.  Oversold levels are 112-11.

A close above 116-18 would signal higher. Overbought levels are 118-31.