#usdollarfutures #ustreasurybondfutures
USD_ DXU23
Weekly – In the November 2022 downtrend and testing the upside resistance. Trade pressures are now down. Volumes are now bearish.
Daily – Long. In the move up from 102.15 on 6/14. Trade pressures are now up. Volumes are bullish.
The next target up is 103.00. The expected overbought levels are 104.63.
A close below 102.16 would signal lower. The expected oversold levels are now 102.40.
US30YR T-BOND_ USU23
Weekly – In the October 2021 downtrend and still testing the upside resistance. Trade pressures are down but rising. Volumes remain bearish.
Daily – Long. From the close above 128-08 on 6/20. Trade pressures are up into the neutral zone. Volumes are bullish.
The next target up is 131-05. Overbought levels are 137-02.
A close below 125-13 would signal lower. USE 125-10 as the SL.
The expected oversold level is 123-20.