USD_ DXZ17 #usdollarfutures
Weekly – The $93.60 is becoming more important with each test. Trade pressures are up. Volumes are bullish.
Daily – In the move up from the 93.12 level. Trade pressures are back down into the neutral level. Volumes are bullish.
After the breakout above 93.00, the move stalled and began the consolidation around the entry level. A break back above the 94.10 pivot high would give the market room to move higher.
The next target up is 96.89.
Support is at the 92.47 level.
US 30YR T-BOND_ USZ17 #ustreasurybondfutures
Weekly – In the uptrend that began last spring. Trade pressures are down but rising. Volumes are bearish.
Daily – Flat. In the move up after a break of the 153-07. Trade pressures are down. Volumes are bearish.
The new move up looks destined to fail.
The long entry remains at 153-07; requiring a second move up thru that level..
A break below the 151-07 low pivot would signal lower.