#usdollarfutures #ustreasurybondfutures
USD_ DXU22
Weekly – In the June 2021 uptrend and near the 108.51 upside target. Trade pressures are up. Volumes are bullish.
Daily – In the move up from the 103.67 long entry price. Trade pressures are up and trending. Volumes are bearish.
The next target up is the 107.67 which has offered resistance.
[7-12-22: new resistance at 108.42.]
A close below 106.58 would signal lower.
[7-12-22: Now stops at 107.52.]
US 30YR T-BOND_ USU22
Weekly – In the January 2022 move down. Trade pressures are up. Volumes are bearish.
Daily – Flat. The long trade was stopped out at the 137-20 SL Trade pressures are down. Volumes are bearish.
The next target down is 135-03.
A close above 138-23 would signal higher.
[7-12-22 long at 138-23. set SL at BE]
[7-13-22: Stopped out on the reaction to the inflation report.]