USD_ DXZ16 #usdollarfutures
Weekly – Now moved up into a new weekly uptrend. Trade pressures are up. Volumes continue as bullish.
Daily – In the move up from 95.40. Trade pressures are up. Volume is mixed but primarily bullish.
The 97.49 profit target has been met and is now acting as support.
The next target up is 99.67.
A close below 97.27 could signal a downside test of the 96 breakout.
30YR T-BONDS USZ16 #ustreasuryfutures
Weekly – still in the uptrend, but testing weekly support. Trade pressures have declined into the neutral zone. Volumes have been bearish for nine weeks.
Daily – Flat. In the move down from the entry price of 167-14. At the first profit target (163-05) for the second leg down. Trade pressures are oversold. Volumes are mixed neutral to bearish.
The next target down is 158-28.
A close above 166-11 would signal a new move up.