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USD_ DXM24

Weekly –  Remains in the April 2024 uptrend.  Trade pressures are down. Volumes remain bearish.

Daily – Short.  Still in the move down from 105.73 on on 5/1.  Trade pressures are up but declining.  Volumes are bullish.

The next target down is 103.96.  The expected oversold levels rise to 104.21.

A close above 105.07 would signal higher. 105.24 is the lower expected overbought level.

 

US30YR T-BOND_ USM24

Weekly – In the April 2024 downtrend.  Trade pressures are now up.  Volumes are bullish.

Daily  – Flat . Resistance held at the Median line and the 200 day MA.  Trade pressures are down. Volumes are bearish.

The next target down is 116-10 and is the new short entry.  Oversold levels are 115-12.

A close above 117-048 would signal higher. Overbought levels are 118-19.