#usdollarfutures #ustreasurybondfutures

USD_ DXU24

Weekly –  Remains in the April 2024 uptrend.  Trade pressures have risen into the neutral zone. Volumes remain bullish.

Daily – Long.  Rallied sharply after the FED day drop.  Trade pressures are up into the neutral zone.  Volumes are bullish.

The close above 104.93 did signal higher. 105.82 is the next target up. 106.01 is the higher expected overbought level.

Touched the 103.75 downside target then rallied.  The expected oversold levels rise to 104.11.

[European political issues may have international flows coming to the US.]

 

US30YR T-BOND_ USU24

Weekly – In the April 2024 downtrend.  Trade pressures are now up out of the neutral zone.  Volumes remain bullish.

Daily  – Long. Now the decline in 10yr rates turn price up sharply.  Trade pressures are now up. Volumes remain bullish.

A close above 118-21 did signal higher. The next target up is 121-02. Overbought levels are 120-313.

A close below 119-30 would signal lower.  Oversold levels are 116-05.