USD_ DXH17  #USDollarfutures

Weekly – Despite the rally last week, the weekly trend remains down with a downside target of 98.29.

Trade pressures are down.  Volumes remain bearish.

Daily – In the move down. The rally took the dollar futures up the test the 25×5 moving average. Trade pressures are up. Volumes are bullish.

The next daily target down is 98.14.

A close above 101.50 would signal a new move up.

 

30YR T-BONDS_ USH17  #ustreasurybondfutures

Weekly – Remains in the downtrend, but now appears to be basing. Trade Pressures are down but rising into the neutral zone. Volumes have changed from neutral to bearish.

Daily – Flat. The daily has moved into a new uptrend. Trade pressures are up but turning down. Volumes are mixed, bullish, bearish, neutral.

The second leg up from the 150-10 long entry price retested the 153-26 pivot high. The weekly upward pressures may allow price to test the weekly downtrend support at 158-03.

Now in a pullback off that 153-26 pivot. Support is the 149-10 level.

Watch for a bullish reversal in the hourly for a new long entry.