USD_ DXM16

Weekly – Stair-stepping down now over a period of eight weeks. Trade pressures are down. Volumes continue to be bearish.

Daily – Remains in the downtrend. Five days of a rally into the long Easter weekend and reaction to the terrorist events in Brussels. Trade pressures are down but rising. Volumes are mixed neutral to bullish.

The 94.05 target is still active.

 

30YR T-BONDS_ USM16

Weekly – Remains in the uptrend. Trade pressures are up but declining. Volumes have changed from bearish to neutral.

Daily – Flat. Have been looking for a short opportunity that never presented itself. Now must reconsider. Trade pressures have turned up. Volumes are mixed, neutral to bullish; not a short scenario.

165-03 is a possible long entry.