#usdollarfutures #ustreasurybondfutures
USD_ DXU24
Weekly – Remains in the April 2024 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Short. Closed below the 105.07 support . Trade pressures are down. Volumes are bearish.
The next target down is 104.00. The expected oversold levels decline to 104.79.
A close above 104.90 would signal higher. The higher expected overbought level is 105.71.
US30YR T-BOND_ USU24
Weekly – In the April 2024 downtrend. Trade pressures are down into the neutral zone. Volumes are now bearish.
Daily – Flat. Moved down to trendline support at 115-30 and rallied from there. Trade pressures are up. Volumes remain neutral.
The close above the 200 day MA at 117-19 started a new move up. Overbought levels are 118-26.
A close below 117-24 would signal lower. Oversold levels are 116-21.