#usdollarfutures #ustreasurybondfutures
USD_ DXH25
Weekly – In the new October 2024 uptrend. Trade pressures remain up. Volumes are bullish.
Daily – Flat. Turned down at resistance (108.27) and now showing lower highs. Trade pressures are up but declining. Volumes are now neutral.
The next target up is 108.24. The expected overbought level rises to 108.90.
A close below 106.89 would signal lower. The expected oversold levels rise to 106.57.
US30YR T-BOND_ USH25
Weekly – In a new October 2024 downtrend. Trade pressures decline into the neutral zone. Volumes are bearish.
Daily – Flat. In the move down from the 119-17 close on 12/09. Trade pressures are down. Volumes are bearish.
At the downside target range of 113-09. Oversold levels are 113-09.
A close above 114-18 would signal higher. Overbought levels are 116-20
[The 10yr yield overbought level rises to 4.70%.
Higher inflation expectations continue thru 1Q25 and 2Q25.]