US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

Weekly –  In the March 2025 downtrend.  Trade pressures are down. Volumes are bullish.

Daily – Flat. Rally up off the low pivot of 100.97. Trade pressures are down but rising.  Volumes are neutral.

The next target down is 100.82. The expected oversold levels declines to 101.98.

A close above 102.70 would signal higher. The expected overbought level rises to 104.94.

Not sure what the dynamic is here: Gold front-runs the tariffs, USD declines. then USD rallies as the gold sells on the news and goes into the USD as a safe haven?

 

US30YR T-BOND_ USM25

Weekly – In a new April 2025 uptrend.  Trade pressures are up.  Volumes remain bullish.

Daily  – Flat. The new move up from 116-06 on 3-28, gains strength as recession fears lower yields.  Trade pressures are up.  Volumes are bearish.

The next target up is 123-08. Testing the december 2023 upper median line resisitance at 121-19. Overbought levels decline to 119-27.

A close below 119-10 would resume the move down. Oversold levels are 116-20.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.