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USD_ DXZ23

Weekly –  In the September 2023 uptrend. Trade pressures remain up, but declining. Volumes remain bearish.

Daily – Flat. Bounced off the LML at 104.09  Trade pressures are up. Volumes are neutral.

In a retracement up. Expect resistance at 106.12. The overbought levels are 107.05

A close below 105.88 would signal lower. The expected oversold levels are then 104.78.

 

US30YR T-BOND_ USZ23

Weekly – In the October 2021 downtrend. Trade pressures are down but rising. Volumes are  bearish.

Daily  – Flat. Consolidating the rally off 110-02 on 10-27 . Trade pressures are now down into the neutral zone. Volumes are now neutral.

The next target up is still 114-12.  A close above 115-13 would signal a new long. Expected overbought levels remain 116-12.

A close below 112-17 would signal lower. The expected oversold levels are 110-09.