#usdollarfutures #ustreasurybondfutures
USD_ DXZ20
Weekly – In the move down to the 89.335 target level. Trade pressures are up into the neutral zone. Volumes are bullish.
Daily – In the downtrend. Trade pressures are up but reversing. Volumes are bullish.
The September close thru the 94.08 has the Dollar futures in a retracement move up. The next target up is 96.44.
A close below 92.61 would signal a break lower.
US 30YR T-BONDS_ USZ20
Weekly – Remains in the long uptrend and sideways for the summer. Trade pressures are down. Volumes are bearish. Looking for higher rates and the stimulus package.
DAily – Flat. In the move down from the 176-20 short entry. Trade pressures are down into the neutral zone. Volumes are bearish.
The next target down is 170-16, with the 200 day MA at 172-21.
A close above 176-17 would signal higher.