USD_ DXH16

Weekly – Momentum has gone Neutral. Trade pressures are neutral. Volume is mixed to bearish.

Daily – In the move up. Trade pressures are neutral. Volume is bullish.

Appears to be resolving into a channel between 98 and 101.

 

30YR T-BONDS_ USH16

Weekly – The direction of the US Dollar will be key for rates. Still in long term downtrend but a the top of the channel. Trade pressures are down but rising. Volumes are bullish.

Daily –  Flat. The next target up is 160-09. Trade pressures are extended up. Volumes are bullish.

A close below the 157-18 level would signal lower.