#usdollarfutures #ustreasurybondfutures
USD_ DXU19
Weekly – Dollar down on this never ending trade issue. Trade pressures are up. Volumes are bullish.
Daily – In the move up off the 97.81 long entry. Trade pressures are up but turning down. Volumes are bearish. The upper median line at 98.38 stopped this move up.
This sharp move down should have some support at 97.12.
US 30YR T-BONDS_ USU19
Weekly – Testing the weekly highs. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the upward sloping pitch fork. The median line at 162-31 held and acted as support as the world moved back into Treasuries for safety. Trade pressures are down but rising. Volumes are bullish.
The next target up is the upper median line at 168.
A close below 162-25 would signal lower. ( Hard to short).