USD_ DXM18  #usdollarfutures

Weekly – A move higher but closed on the prior weeks close. Trade pressures are up. Volumes remain bullish.

Daily – The Long trade is now at the extended target of 92.95.  Trade pressures are up and rolling over. Volumes have changed from bullish to neutral.

Still in the rising channel up, but moving down toward the lower boundary. The next target up is the weekly high pivot at 94.26.

A close below 91.73 would signal lower.

 

US 30YR T-BOND_ USM18  #ustreasurybond

Weekly – Still in consolidation above the 141-09 lows. Trade pressures are down. Volumes have changed back from neutral to bearish.

Daily – Flat. In the move down from the 144-02 level. Trade pressures are still in the neutral zone. Volumes are mixed, bullish to neutral.

A retracement move up is signaled with closes above the 142-28 long entry level. But need confirmation of a breakout above the downtrend channel boundary line. With the weekly pressures down It may better to wait for the retracement to finish and take the next short.

The next target down is 141-01.