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USD_ DXH24
Weekly – Remains in the new December downtrend, but testing resistance. Trade pressures are up. Volumes remain bullish.
Daily – Flat. Continues with a second leg up from 102.36 on 1/16. Trade pressures are down into the neutral zone. Volumes are bullish.
Still in the up trending channel. 103.74 is the over bot level.
A close below 102.58 would signal lower. The expected oversold levels are 102.37.
US30YR T-BOND_ USH24
Weekly – In the new December 2023 uptrend. Trade pressures remain are down. Volumes are bearish.
Daily – Flat. In the downtrend channel from 122-18 on 1/16. Trade pressures are down. Volumes remain bearish.
The next target down is 118-22. Oversold levels remain 115-12.
A close above 120-30 would signal higher. The expected overbought level is 123-06.