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USD_ DXM23
Weekly – In the November 2022 downtrend. Trade pressures are down. Volumes are bearish.
Daily – Flat. Looking for a new move up. Trade pressures are up. Volumes are now bearish.
The next target down is 100.84. Oversold is now 100.99.
A close above 101.71 would signal higher. The expected overbought levels are 102.15.
US30YR T-BOND_ USM23
Weekly – In the October 2020 downtrend and still testing the upside resistance. Trade pressures are down. Volumes are still bullish.
Daily – Flat. Signaled a new short trade from 131-22 on 4-14 but with conflicting signals – wait. Trade pressures are down, but rising. Volumes are now bullish.
The next target down is 128-23. Oversold levels are 123-14.
The next target up is a breakout above 132-00. The overbought level is 133-12.