US $$

USD_ DXU16

Weekly – The US Dollar futures have settled into the 92-95 channel. Trade pressures are up. Volumes have changed to bullish.

Daily – In a new up move with the trade thru the 94.04. Trade pressures are down but rising. Volumes have changed to bullish. The next target up is 97.10.

A close below 95.09 would signal lower.

 

30 YR US Treasury Bond_ USU16

Weekly – Traded up thru and closed below the 171-26 upside target. Trade pressures are up. Volumes remain bullish.

Daily – Flat. Spiked up thru the 173-02 upside target and closed well below that target. Trade pressures have declined to neutral. Volumes have changed from bearish to bullish.

The 171-19 short entry level was triggered with the pull back from the spike. But need to wait for a few days to see the direction.