USD_ DXU18  #usdollarfutures

Weekly – The 4th of July week has the dollar in consolidation after reaching the 94.72 level. Trade pressures are up and extended. Volumes are bullish.

Daily – In the second leg up. Trade pressures are down. Volumes are bearish.

The second leg up long entry at 94.29 appears to be about to fail. Price is at the new short entry level of 93.67. The uptrend support line is at 93.30. The 25×5 moving average is just above at 94.02.

If the short entry is triggered and the support fails, then the next target down is 91.18.

 

US 30 YR T-BONDS_ USU18  #ustreasurybondfutures

Weekly – In a four week move up inside the 2018 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 143-19 long entry price. Trade pressures are up and extended. Volumes remain bullish.

Now at the first target up at 146-03. The next target up is 148-19.

A close below 144-23 would signal lower.