USD (DX)_ The geopolitical barometer has met all the weekly upside targets as the flow of funds come into the US markets.
Weekly – Trade pressures are up, but volume has changed from bullish to neutral. A signal of a possible change. The weekly shows a pullback for the highs.
Daily – Met the 96.04 upside target. The daily is now in a short trade from 94.32. The next target down is 91.37. Trade pressures are neutral. Volume turned bullish from the prior weeks bearish. The old highs are the stops.
30YR T-BONDS_ as the funds flow into the dollar, the dollars purchased are then used to buy many things , but also Treasuries.
Weekly – Trade pressures are up but declining. Volume has had the first week of bearish volume in months. A short signal would occur with a close below 147-14.
Daily – The trade has been short for the 150-01 entry price. the next target down is 147-03 and it was reached Friday last week. Then the next target down is 144-04.
need a close above 149-31 to signal a new move up.
EURO_
Weekly – Trade pressures are extended down. Volume has turned neutral from bearish.
Daily – Trade pressures are down. Volume is bullish. The trade is flat while consolidating around the 1.1410 downside target. the long entry is 1.1545. with a 1.2262 target.