#usdollarfutures #ustreasurybondfutures
USD_ DXH25
Weekly – In the new October 2024 uptrend. Trade pressures remain up but are turning down. Volumes is now bullish.
Daily – Long. The close above 106.09 on 12/10 triggered the long trade. Trade pressures are up. Volumes are bullish.
The next target up is 107.52. The expected overbought level declines to 107.11.
A close below 106.40 would signal lower. The expected oversold levels rise to 105.94.
US30YR T-BOND_ USH25
Weekly – In a new October 2024 downtrend. Trade pressures rises just above the neutral zone. Volumes are bearish.
Daily – Flat. In the move down from the 119-17 close on 12/09. Trade pressures are down. Volumes are bearish.
The next target down is 115-22. Oversold levels are 116-28.
A close above 117-16 would signal higher. Overbought levels are 118-13
[The 10yr yield oversold level rises to 4.14%.
Higher inflation expectations continue thru 1Q25 and 2Q25.]