#usdollarfutures #ustreasurybondfutures
USD_ DXZ18
Weekly – A two week move off the highs. Trade pressures are now down. Volumes are remain bullish.
Daily – After the August move down, the US Dollar futures rallied up to the new long entry level, but then stopped. Trade pressures are down into the neutral zone. Volumes are bearish.
Midway in between the low pivot at 93.39 and the high pivot at 96.45. Each of these is the next target, high or low.
US 30 Year Treasury Bond_ USZ18
Weekly – The “FED” comment volume is up which may mean we are at some inflection point. Trade pressures are down. Volumes are now neutral.
Daily – Flat. In the retracement move up from the 137-15 level. Trade pressures are up into the neutral zone. Volumes are bullish.
The next target up is 139 which was touched briefly last week. The next target is 140-18 and is likely the completion of the retracement.
A close below 136-27 would signal the resumption of the move down.