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USD_ DXU23
Weekly – In the November 2022 downtrend and testing the upside resistance. Trade pressures are now down. Volumes are now bearish.
Daily – Short. At the 99.15 downside target In the move down from the 102.77 break down on 7/7. Trade pressures remain down. Volumes remain bearish.
The next target down is 96.02. The expected oversold levels are higher, now at 99.40, so expect some consolidation or retracement.
A close above 99.63 would signal higher. The expected overbought levels are now 104.01.
US30YR T-BOND_ USU23
Weekly – In the October 2021 downtrend and still testing the upside resistance. Trade pressures are down. Volumes are now bullish.
Daily – Flat. In the new move up from 125.28. Buy the pullback to 125. Trade pressures are up. Volumes are bullish.
The next target up is 128.81. Expected overbought levels are 133.48.
A close below 123.68 would signal lower. Expected oversold levels are 124.68.