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USD_ DXU19
Weekly – Remains in consolidation at the 97.10 levels. Trade pressures are in the neutral zone. Volumes are neutral.
Daily – In the channel described by the 95.50 and the 97.50 levels. Trade pressures are up. Volumes are bullish.
The next target up is 97.26.
A close below 96.50 would signal lower.
US 30 YR T-BONDS_ USU19
Weekly – Consolidating at the 156-01 upside weekly target level. Trade pressures are up. Volumes are bearish.
Daily – Flat. In a new move down after the better than expected employment report with the close below the 155-31 level. Trade pressures are up but declining. Volumes are bearish.
This is a retracement trade. The next target down is 154-05.
A close back above the recent highs would signal a new move higher.