US$$

#usdollarfutures  #ustreasurybondfutures

USD_ DXZ20

Weekly – Appears to be basing. Trade pressures are down but rising. Volumes are neutral.

daily – Ran up to resistance and pulled back to test the break out. Trade pressures are down into the neutral zone. Volumes are bullish.

Expect to move side ways until a break above 94.08 and then higher.

 

US 30YR T-BONDS_ USZ20

Weekly – Still in the long consolidation. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. The move down in August is now in a small retracement up. Trade pressures are up. Volumes are bullish.

The next target up is 179-20.

A close below 176-00 would signal lower.