USD_ DXH17  #usdollarfutures

Weekly – The US Dollar futures remain in a weekly up trend, but have retraced to the 101.50 levels. Trade pressures have turned back up. Volumes are still bearish.

Daily – Still in the move down from the 101.55 level. Trade pressures are down. Volumes have changed from bullish to neutral.

The rally back up was stopped at the prior short entry level of 101.55.

A close below 100.49 could restart the move down. The lower target of 98.03 is still active.

Need a close above the 101.50 to continue higher.

 

30YR T-BONDS_ USH17  #ustreasuryfutures

Weekly – With both gold and bonds rallying, makes one want to think defensively. Weekly Bonds still in downtrend. Trade pressures are now up. Volumes have changed to bullish from bearish.

Daily – Flat. In the move up from the 150-02 level. But now have confirmation from the weekly. Trade pressures are up. Volumes are bullish.

The next target up is first, the prior high of 152-23, then the 156-26 upside target.

A close below the 147-20 level would change the trend to down.