#usdollarfutures #ustreasurybondfutures
USD_ DXZ24
Weekly – In the new August 2024 downtrend. Trade pressures remain down. Volumes remain bearish.
Daily – Flat. The low pivot at 100.40 still holding. Lower FED rates; lower dollar. Trade pressures are down. Volumes are now neutral.
The next target up is 101.73. The expected overbought level declines to 101.49.
A break below the 100.62 LML would signal lower. The expected oversold levels rises to 100.45.
US30YR T-BOND_ USZ24
Weekly – In a new August 2024 uptrend. Trade pressures remain up. Volumes remain bullish.
Daily – Flat. In a new move up off the support at 122-16. Trade pressures are up. Volumes remain bearish.
Made a new pivot high at 127-14. Overbought levels are 127-20.
A close below 126-07 would signal lower. Oversold levels 123-25.