USD_ DXZ16  #usdollarfutures

Weekly – Consolidating after last week’s break into a new uptrend. Trade pressures are up and perhaps extended. Volumes remain bullish.

Daily – In the move up from the 95.12 long entry and now consolidating at the 98.57 target. Trade pressures are up and trending. Volumes have changed to bearish.

A close below 98.24 could signal a retracement.

 

30YR T-BONDS_ USZ16  #ustreasurybondfutures

Weekly – Pushing down on the weekly support at 162-10 and holding. Trade pressures are down into the neutral zone. Volumes remain bearish.

Daily – Flat. Still in the move down from 167-13. Trade pressures are down. Volumes are bearish.

The next target down is 158-23.

Need a close above 165-27 to signal a new move up.

If long the stops should be 165-13.