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USD_ DXZ22
Weekly – In the June 2021 uptrend. Trade pressures are up. Volumes are bullish.
Daily – In the move down from the 109.99 high pivot, forming a small bull flag, suggesting a move higher. Trade pressures are up. Volumes are bullish.
The next target up is the prior high at 110.52; which would be the over-bot level.
A close below 109.22 would setup the next target down at 108.46; which would be the oversold level.
US 30YR T-BOND_ USZ22
Weekly – In the January 2022 downtrend. Trade pressures are down hard. Volumes are bearish.
Daily – Flat. In the move down from the 142-24 short entry on 8/5/22. Trade pressures are down and trending. Volumes are bearish.
The 131-08 downside target was the profit target. The next target down is 127-25. The 10 year is overbot at 3.20%.
A close above 131-29 would signal higher. The 10 year is oversold at 3.51%.