#usdollarfutures #ustreasurybondfutures

USD_ DXZ24

Weekly –  In the new October 2024 uptrend.  Trade pressures are up. Volumes are bullish.

Daily – Long. Big election rally off the low pivot at 103.28 and out of the bull flag. Trade pressures are up.  Volumes are now neutral.

The next target up is 105.25.  The expected overbought level rises to 105.11.

The break below the 104.22 signals lower. The expected oversold levels rises to 103.46.

 

US30YR T-BOND_ USZ24

Weekly – In a new October 2024 downtrend.  Trade pressures remain down.  Volumes are now bullish.

Daily  – Flat. In the  move down from 126-16 on 9/18. Trade pressures are now up.  Volumes are now neutral.

At the downside target of 115-25. Oversold levels 115-00.

A close above 118-08 would signal higher and would be confirmed at 120 with a trend line breakout. Overbought levels are 121-30.

[The 10yr yield overbought level rises to 4.19%. Inflation expectations still rise thru 1Q25 and 2Q25.]