USD_ DXM16

Weekly – In the move down. Next weekly target is 90.82. Trade pressures are down, starting to show small divergence. Volumes remain bearish.

Daily – In the move down. The 94.05 downside target is acting as support. Trade pressures are neutral and rising. Volume is mixed neutral and bullish.

A close above 95.21 would signal higher.

 

30YR T-BONDS_ USM16

Weekly – Still in the uptrend testing the 167 highs. Trade pressures are up. Volumes are mixed, neutral to bearish.

Daily – Flat. In a move up. Trade pressures are up but declining. Volumes are mixed, bearish to neutral.

165-03 is the long entry price but pressures are not there for a trade.

Earning season is projected to be light to down, so fund flows could be in this direction.