USD_ DXM20
Weekly – The prior week’s drop is completely offset by this week’s rally. Trade pressures are rising into the neutral zone. Volumes are now bullish.
Daily – After the plunge to the 95.02 downside target, price tuned up thru the 95.48 new long entry. In four days the 98.32 target was reached.
The next target is the prior high of 99.67.
A close below 07 25 would signal lower.
US 30YR T-BONDS_ USM20
Weekly – Ran to all times highs. Trade pressures are up. Volumes are now neutral.
Daily – In the move down. Trade pressures are now down. Volumes are now bearish.
At the downside 1.62% target. Expect consolidation and possible retracement.
A close back above 181 would signal higher.