#usdollarfutures #ustreasurybondfutures
USD_ DXM25
Weekly – In the March 2025 downtrend. Trade pressures are down. Volumes are bullish.
Daily – Flat. Rally up off the low pivot of 100.97. Trade pressures are down but rising. Volumes are neutral.
The next target down is 100.82. The expected oversold levels declines to 101.98.
A close above 102.70 would signal higher. The expected overbought level rises to 104.94.
Not sure what the dynamic is here: Gold front-runs the tariffs, USD declines. then USD rallies as the gold sells on the news and goes into the USD as a safe haven?
US30YR T-BOND_ USM25
Weekly – In a new April 2025 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Flat. The new move up from 116-06 on 3-28, gains strength as recession fears lower yields. Trade pressures are up. Volumes are bearish.
The next target up is 123-08. Testing the december 2023 upper median line resisitance at 121-19. Overbought levels decline to 119-27.
A close below 119-10 would resume the move down. Oversold levels are 116-20.