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USD_ DXZ24

Weekly –  In the new August 2024 downtrend but pressing the resistance line.  Trade pressures are up. Volumes are bullish.

Daily – Long. Big rally off the low pivot at 99.86 and thru the long entry at 100.51. Trade pressures are up.  Volumes are bullish.

The next target up is 103.89.  The expected overbought level rises to 103.90.

The break below the 102.29 signals lower. The expected oversold levels rises to 102.01.

 

US30YR T-BOND_ USZ24

Weekly – In a new August 2024 uptrend.  Trade pressures remain down.  Volumes remain bearish.

Daily  – Flat. In the  move down from 126-16 on 9/18. Trade pressures are down.  Volumes are bearish.

At the downside target of 119-27. Oversold levels 120-09.

A close above 120-14 would signal higher and would be confirmed at 122-12. Overbought levels are 122-16.

[The 10yr yield overbought level declines to 4.07%. But inflation expectations still rise.]