USD_ DXM17  #usdollarfutures

Weekly – Remains in the uptrend and at the support provided by the 25×5 moving average. Trade pressures are down into the neutral zone. Volumes remain bearish.

Daily – In the move down from the 101.50 level, Trade pressures are down and extended. Volumes are mixed bearish to neutral.

The 101.00 level that signaled a new move up was touched and failed.

The Sunday French election results may provide more information. The next target down is 98.19 and then 97.51.

 

30Year T-BONDS_ USM17   #ustreasurybonds

Weekly – Have traded thru the 25×5 moving average into a bullish position but still under the downtrend line. Trade pressures are up and extended. Volumes remain bullish.

Daily – Flat. In the move up from 150-02. Trade pressures are up and trending. Volumes are bullish.

The next target up is 156-26.

A close below 153-28 would signal a retracement down.