USD_ DXZ17 #usdollarfutures
Weekly – The 25×5 moving average has again acted as resistance. In the move up from the weekly long entry of 93.60. Trade pressures are now down into the neutral zone.
Daily – In the move up from the daily long entry of 93.12. Trade pressures are down. Volumes are now bearish.
The next target up is 96.89.
Now in a retracement of the move up. A close below 92.34 would signal lower.
US 30 YR T-BONDS_ USZ17 #ustreasurybondfutures
Weekly – Vacillating around the 25×5 moving average. Trade pressures are up. Volumes are now neutral.
Daily – Short. The short entry was 152-27. Trade pressures are up just out of the neutral zone. Volumes are now bullish.
The next target down is 150-29.
As the Dollar declines, the Bonds rise. The stop on the trade is the 154-26 pivot.