US$$

USD_ DXM18  #usdollarfutures

Weekly – Basing in the downtrend. Trade pressures are up. Volumes are bullish.

Daily – In the slow grind up from the February lows. Trade pressures are down but turning up. Volumes are now bullish.

The 90.38 target was met and has produced a retracement. the next target up is 92.05.

A close below 88.80 would signal lower.

 

US 30YR T-BONDS_ USM18  #ustreasurybondfutures

Weekly – Nine week rally off the 141 lows. Trade pressures are now up. Volumes are bullish.

Daily – Flat. In the move up from the 143-09 long entry level. Trade pressures are now down. Volumes have changed to bearish.

The next target up is 149-10.

Support is at the 25×5 moving average at 145-13.

A close below 144-08 would signal lower.