#usdollarfutures #ustreasurybondfutures
USD_ DXU24
Weekly – 8/16/24 In the new August down trend. Trade pressures remain down. Volumes are now bearish.
Daily – Long. Testing support at 102.30. Trade pressures are down Volumes are neutral.
The next target up is 103.32. The expected overbought level declines to 103.36.
A close below 102.20 would signal lower. The expected oversold levels rise to 102.16.
[8-21-24: Short from the Monday drop below 102.20. At 101.11 downside target. ROW currencies are up.]
US30YR T-BOND_ USU24
Weekly – In a new August 2024 uptrend. Trade pressures remain up. Volumes are now bearish.
Daily – Flat. grinding higher. Trade pressures are down into the neutral zone. Volumes remain neutral.
Now at 123-26. Overbought levels are 123-07.
A close below 123-04 would signal lower. Oversold levels are 119-25.