Category: Currencies

US$$

USD_ DXU18  #usdollarfutures

Weekly – Still in consolidation around the 94.72 level. Trade pressures are up. Volumes remain bullish.

Daily – In the second leg up from the 94.29 long entry level. Trade pressures are down into the neutral zone. Volumes have closed bearish.

The next target up is 96.75.

A close below 93.67 would signal lower.

 

US 30YR T-BONDS_  #ustreasurybondfutures

Weekly – Up against the 25×5 moving average resistance once again. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 143-19 long entry level. Trade pressures are up. Volumes are bullish.

The next target area up is the prior high at 145-28 and the next target up at 146-03.

A close below the 144-08 short entry level would signal lower.

Tight stops here as the short entry is so close. Use that as a stop, if long.

US$$

USD_ DXU18  #usdollarfutures

Weekly – The upside target at 94.72 has acted as resistance for 4 weeks now. Trade pressures are up. Volumes are bullish.

Daily – Last week signaled a new move up at 94.29. Trade pressures are up but rolling over. Volumes are mixed bearish to neutral.

The next target up is 96.75.

A close below 93.67 would signal lower. However, the 25×5 support level is just below 93.45. Be aware of these downward pressures.

 

US 30YR T-BONDS_ USU18  #ustreasuryfutures

Weekly – Four weeks up. Trade pressures are up. Volumes are bullish.

Daily – Flat. Oscillating about the 143-19 long entry level, but no follow thru. Trade pressures are up. Volumes are neutral to bullish.

The next target up is 146-03.

A close below the 25×5 moving average at 142-134 would signal lower.

US$$

USD_ DXU18  #usdollarfutures

Weekly – Big rally back to the highs. Trade pressures are up and extended. Volumes are bullish.

Daily – The 25×5 moving average held as support. In the new move up after breaking up thru the 94.94 new long entry level. Trade pressures are up. Volumes are mixed bullish to neutral.

The next target up is 95.00.

A close below 93.27 would signal lower. But, that level is again at the rising 25×5 moving average; so should act as support.

 

US30YR T-BOND  USU18  #ustreasurybondfutures

Weekly – These dollar inflows have to go somewhere. Trade pressures are up. Volumes are now bullish.

Daily – Flat. In two moves. The move up from 140-23 is the dominant cycle. The pullback that began at the 144-08 short entry has stopped at the 25×5 moving average. Trade pressures are up. Volumes are bullish.

The new move up begins at the 143-19. The next target up is 146-03.

A close below the 25×5 moving average at 142-15 would restart the move down.

US$$

USD_ DXU18  #usdollarfutures

Weekly – After testing the prior high of 93.83, the dollar has pulled back. Trade pressures are up. Volumes are mixed, bearish to neutral.

Daily – Price reached the 94.36 upside target last week and immediately began a retracement. Trade pressures are down. Volumes are bearish.

The short entry has been triggered at 93.04, but the 25 x 5 is just under at 82.82. so this support will have to be tested. The G-7 meeting may provide a catalyst.

The next target down is 91.69.

A close above 94.34 would resume the move up.

 

US 30YR T-BOND_ USU18  #ustreasurybondfutures

Weekly – The rally off the lows was stopped at the 25×5 moving average at 146-25. Trade pressures are rising in the neutral zone. Volumes remain bearish.

Daily – Flat. The move up from 140-24 was stopped at the 100% Fib target. Trade pressures are down into the neutral zone. Volumes are bullish to bearish.

The inside short retracement move down started at 144-08. The next target down is 141-19.

A trade up thru the 143-19 would signal a resumption of the move up. Watch for a confirmation in volume and the change in the hourly trade pressures.

The FED will announce a rate change on Wednesday. Various geopolitical events will add or reduce international stress over the weekend. Watch the dollar futures.

US$$

USD_ DXM18  #usdollarfutures

Weekly – Traded above the prior 94.50 pivot but returned to close just below. Trade pressures are up and extended. Volumes have changed from bullish to bearish.

Daily – In the move up from the 93.13 long entry level.

Trade pressures are up but turning down. Volumes are mixed bearish to neutral to bullish.

Price traded up to the 94.78 target and as the trade pressures turned down, went into a retracement just as expected.

Both support and a new short entry for this retracement are at the 93.44 level.

A close above 94.79 would signal a new leg up.

 

US 30YR T-BOND_ USU18  #ustreasurybondfutures

Weekly – The weekly support held and produced the retracement move up. Trade pressures are up into the neutral zone. Volumes have changed from bullish to bearish.

Daily – Flat. The rally that began the prior week move quickly to the 144-31 upside target. Trade pressures are up and extended. Volumes remain bullish.

After meeting the upside target of 144-31, a retracement has started. The new short entry level is 144-08 and has been triggered. Wait for the pressures on the hourly level to confirm.

The next target down is 141-10.

A close above 146-00 would signal higher and is also a stop level for the short trade.

US$$

USD_ DXM18  #usdollarfutures

Weekly – Six week rally tests the October 2017 highs. Trade pressures are up. Volumes are bullish.

Daily – In the move up from the second leg entry at 93.13. Trade pressures are up but turning down. Volumes are bullish.

The next target up is 94.78.

A close below 92.71 would signal lower.

 

US 30 YR T-BONDS USM18  #ustreasurybondfutures

Weekly – In the move down. Trade pressures are down. Volumes have changed from bearish to bullish. Testing the 2017 lows.

Daily – In the new move up from 140-21 after the 142-00 confirmation levels were broken. Trade pressures are up. Volumes are bullish.

At the 142-26 target. The next target up is 145-00 with the 143-14 resistance nearby.

A close below 141-14 would signal a resumption of the move down.

US$$

USD_ DXM18  #usdollarfutures

Weekly – After the mid February low the dollar has been in a move up. Trade pressures are up. Volumes remain bullish.

Daily – In the move up from the 89.21 level in March. Trade pressures are up and trending. Volumes are bullish.

The April rally took the dollar to the 92.95 extended target. After a pull back to the upward channel’s lower boundary; a 5 day resumption of the move up.

The next target up is 94.78.

A close below 91.98 would signal lower.

 

US 30 YR T-BOND_ USM18  #ustreasurybondfutures

Weekly – The old support has been broken. Trade pressures are down. Volumes are bearish.

Daily – Flat. The early May rally was stopped by the downward sloping channel resistance line. Trade pressures are down. Volumes are mixed Neutral to Bearish then bullish in these last three trading days.

A the 140-26 downside target and consolidating. This is also a weekly downside target at 140-15. Expect consolidation here.

The next target down is 139-19.

Need a close above 142-00 to signal higher.

US$$

USD_ DXM18  #usdollarfutures

Weekly – A move higher but closed on the prior weeks close. Trade pressures are up. Volumes remain bullish.

Daily – The Long trade is now at the extended target of 92.95.  Trade pressures are up and rolling over. Volumes have changed from bullish to neutral.

Still in the rising channel up, but moving down toward the lower boundary. The next target up is the weekly high pivot at 94.26.

A close below 91.73 would signal lower.

 

US 30YR T-BOND_ USM18  #ustreasurybond

Weekly – Still in consolidation above the 141-09 lows. Trade pressures are down. Volumes have changed back from neutral to bearish.

Daily – Flat. In the move down from the 144-02 level. Trade pressures are still in the neutral zone. Volumes are mixed, bullish to neutral.

A retracement move up is signaled with closes above the 142-28 long entry level. But need confirmation of a breakout above the downtrend channel boundary line. With the weekly pressures down It may better to wait for the retracement to finish and take the next short.

The next target down is 141-01.

US$$

USD_ DXM18  #usdollarfutures

Weekly – Two big weeks off the 88 basing area. Trade pressures are up and extended. Volumes are 8 weeks bullish.

Daily – In the move up from the 89.22 long entry level. Trade pressures are up . Volumes are bullish.

The next target up is the nearby 92.95 level..

A close below the 91.22 level would signal lower. As the money flows into the dollar, all other currencies are down in response. The most down is the Swiss Franc which is also a gold substitute for some traders.

Expect some dollar retracement and the response from these other currencies. Expect some counter move in the US Treasuries also as the dollar turns.

 

US 30yr T-BONDS_ USM18  #ustreasurybondfutures

Weekly – This is a week off the second test of the 2018 lows. Trade pressures are down out of the neutral zone. Volumes are now neutral.

Daily – Flat. In the move down from the 144-08 short level. Trade pressures are up into the neutral zone. Volumes are bullish.

In a retracement up into the 25×5 moving average at 144-15. look at the pressures at this level for a possible re-entry into the short trade. The dollar will dictate.

US$$

USD_ DXM18  #usdollarfutures

Weekly – The weekly pressures propelled the market higher each day this week. Trade pressures are up. Volumes remain bullish.

Daily – The break out on Monday above the 90.22 profit target continued for the rest of the week. Trade pressures are up and looking extended. Volumes are bullish with a bearish close on Friday.

At the 91.26 target now.

The next target up is 92.95.

A close below 90.31 would signal a change in trend.

 

US 30 YR T-BOND_ USM18  #ustreasurybondfutures

Weekly – The move down began in the first week of January 2018. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the move down from the 144-02 level. Trade pressures are down. Volumes are mixed neutral to bullish.

The next target down is 141-01.

A close above 142-28 would signal a retracement back into the 145 area.