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USD_ DXM23
Weekly – In the November 2022 downtrend. Trade pressures have turned down. Volumes are bearish.
Daily – Flat. Now consolidating within the move down from the 102.04 short entry on 3-22. Trade pressures are down but rising. Volumes are now bearish.
The next target down is 98.61. Oversold is now 101.80.
a close above 102.46 would signal higher. The expected overbought levels are 104.01.
US30YR T-BOND_ USM23
Weekly – In the October 2020 downtrend. Trade pressures are now up. Volumes are bullish.
Daily – Flat. Consolidating at the 132.09 target which is also the 200 DMA. Trade pressures are up. Volumes are now neutral.
The next target up is 138-06. Overbought is still at 133-18.
The close below 127-16 would signal lower with a 123-22 oversold level.