USD(DX)_ Market pundits talking up a dollar rally, but technicals say no.
Weekly – Trade pressures are up but declining. Volume has turned bearish from last week’s neutral. a breakdown below 96.73 would confirm the move down.
Daily – the new move was signaled at 99.21. The first target down was met on Friday at 97.51 The next target down is 95.80.
Stops at the 100.27 high pivot.
30Yr TBONDS_ struggling with direction.
Weekly – Trade pressures are up. Volume is neutral for two weeks in a row. Bias is to the downside.
Daily – No trade. Trade pressures are down. Volume is bullish. In the channel between 162-08 and 166-21. A breakout will show direction.