USD_ DXH16

Weekly – Still in the 93-101 price channel. Trade pressures have turned up. Volumes remain bearish.

Daily – After consolidating at the 96.48 downside target, price has moved up and out of the downtrend into a new uptrend. Trade pressures are up. Volumes are mixed, neutral to bullish.

Next target up is 99.41.

A close below 97.18 would signal a new leg lower perhaps to test the lower bound of the price channel.

 

30YR T-Bonds_ USM16

Weekly – New contract. Upside weekly targets are 173-174. Trade pressures are up but starting to roll over. Volumes have turned from bullish to bearish.

Daily – Flat. In the uptrend. Trade pressures have dropped into neutral territory. Volumes are mixed, Between bullish and bearish.

167-11 is a short entry level. Price is now below that level. look for a rally into the short entry price.