#usdollarfutures #ustreasurybondfutures
USD_ DXZ22
Weekly – Second week of testing the support levels. Trade pressures are down. Volumes are bearish for four weeks now.
Daily – Now consolidating at the 105.63 oversold levels. Trade pressures are down but rising. Volumes are bearish.
The next target down is 104.48, the 200 day MA.
A close above 107.77 would signal higher and would target the expected overbought levels of 112.87.
US 30YR T-BOND_ USZ22
Weekly – In the January 2022 downtrend. Trade pressures are rising into the neutral zone. Volumes are bullish.
Daily – Flat. Never got a pullback to re-enter long around the 121 level. Trade pressures are up. Volumes are bullish.
A small bull flag is forming, need a break above the channel at 126-28. Then, the next target up is 132-17.
10 year yields are at oversold levels. A close below 123-29 on the 30yr would signal lower.