#usdollarfutures #ustreasurybondfutures

USD_ DXM24

Weekly –  Remains in the April 2024 uptrend.  Trade pressures remain down. Volumes have turned bullish.

Daily – Short.  At the upside resistance at 104.69.  Trade pressures are up.  Volumes are bullish.

Touched the 103.67 downside target then rallied.  The expected oversold levels decline to 103.81.

A close above 104.93 would signal higher. 105.11 is the lower expected overbought level.

 

US30YR T-BOND_ USU24

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

Daily  – Flat. The rise in 10yr rates turn price down sharply.  Trade pressures have declined into the neutral zone. Volumes remain bullish.

The late May rally from 114 to 119-31 is stopped. The next target down is 117-04.  Oversold levels are 117-25.

A close above 118-21 would signal higher. Overbought levels are 120-13.