USD_ DXZ17  #usdollarfutures

Weekly – Still trending down. Trade pressures are down and trending.  Volumes are bearish.

Daily – Continued consolidation at 90.79 level. Trade pressures are in the neutral zone. Volumes are now neutral.

The metals and the US Treasury bonds are “dollar trades” and the dollar is currently driven by global events.

The next level up at 93.12 would signal higher.

The next level down is 90.69 and is also the lower level of the consolidation zone.

 

US 30 Year T-Bonds_ USZ17  #ustreasuryfutures

Weekly – In the up trend from mid June. Trade pressures are down into the neutral zone. Volumes have turned bearish.

Daily – Short. In this move down from 154-22. Trade pressures are down. Volumes are bearish.

The next target down is 152-19.

The stops have been lowered to the entry price of 154-22.

A close above the 155-12 level would signal a new move up.