#usdollarfutures #ustreasurybondfutures
USD_ DXU23
Weekly – In the November 2022 downtrend and still testing the upside resistance. Trade pressures are up. Volumes are now bullish.
Daily – Long. In the move up from the long signal at 100.26 on 7/27. Trade pressures are up. Volumes are now bullish.
The next target up remains 103.41. The expected overbought levels are 103.85.
A close below 103.10 would signal lower. The expected oversold levels are now 102.16.
US30YR T-BOND_ USU23
Weekly – In the October 2021 downtrend and moving away from upside resistance. Trade pressures are down. Volumes remain bearish.
Daily – Flat. Waterfall lows. Trade pressures are down. Volumes remain bearish.
The next target down is 117-10. Expected oversold levels are 117-30.
A close above 119-29 would signal higher. Expected overbought levels are 121-26.
[Basing here, watch the ten year yield to turn down]