Category: Currencies

US$$

USD_ DXM18  #usdollarfutures

Weekly – The consolidation at the 88 level continues. Trade pressures are up. Volumes remain bullish.

Daily – In the move up from the 88.80 entry level. Trade pressures are up. Volumes are bullish.

This is a second test of the upside 90.38 profit target.

The next target up is 92.02.

The hourly is over-bot so expect some consolidation. 88.80 is the support level.

 

US 30 YR T-BONDS_ USM18  #ustreasurybondfutures

Weekly – Three weeks of a sell off as yields rise. Trade pressures are back down into the neutral zone. Volumes are bearish.

Daily – Flat. In the short trade from the 144-08 entry level. Trade pressures are in the neutral zone. Volumes are bearish.

The next target down is 139-21.

The hourly is over-sold. so look for a pullback into the 145’s to enter the short.

Remember “event risk” from any geopolitical stress will affect these financial instruments.

US$$

USD_ DXM18  #usdollarfutures

Weekly – Basing in the downtrend. Trade pressures are up. Volumes are bullish.

Daily – In the slow grind up from the February lows. Trade pressures are down but turning up. Volumes are now bullish.

The 90.38 target was met and has produced a retracement. the next target up is 92.05.

A close below 88.80 would signal lower.

 

US 30YR T-BONDS_ USM18  #ustreasurybondfutures

Weekly – Nine week rally off the 141 lows. Trade pressures are now up. Volumes are bullish.

Daily – Flat. In the move up from the 143-09 long entry level. Trade pressures are now down. Volumes have changed to bearish.

The next target up is 149-10.

Support is at the 25×5 moving average at 145-13.

A close below 144-08 would signal lower.

US$$

USD_ DXM18  #usdollarfutures

Weekly – Nine weeks of congestion between 88 and 90. Trade pressures are up thru the neutral zone. Volumes are bullish.

Daily – In the move up off the 88.80 level. Trade pressures are up. Volumes were bullish throughout the week, but closed Friday as bearish. (Tariff Talk?)

The next target up is 90.38.

The uptrend support line is 88.78. A close below this level would signal lower.

 

US 30YR T-BONDS_ USM18  #ustreasurybondfutures

Weekly – Seven weeks off the test of the 2016 lows. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. Remains in the move up form the the 143-09 long entry. Trade pressures are down into the neutral zone. Volumes are mixed, neutral to bearish to bullish.

The next target up is 149-10.

A close below 144-08 would signal lower.

US$$

USD_ DXM18  #usdollarfutures

Weekly – Nice rally this week. Trade pressures have risen into the neutral zone. Volumes are bullish. The weekly target down is 86.54.

Daily – The US dollar futures rallied off the uptrend support line. Trade pressures are up. Volumes are bullish.

The next target up is 90.44 which will break above the downtrend resistance line.

A failure would put the 87.83 lows in play again.

 

US 30 YR T-BONDS_ USM18  #ustreasurybondfutures

Weekly – The weekly lows at 141-14 have held. Trade pressures are down but rising toward the neutral zone. Volumes are neutral to bullish.

Resistance is at 149-00, the 25×5 moving average.

Daily – Flat. In the third leg up off the 141-14 lows. Trade pressures are up. Volumes are bullish.

In the move up from the 143-09 long entry. The downtrend resistance line at 145-13 has been broken to the upside. The next target up 149-10.

A close below 143-29 would signal a new move lower.

US$$

USD_ DXM18  #usdollarfutures

Weekly – The down trend is still in place. Trade pressures are down but rising. Volumes are now bullish. The next weekly target down is 86.54.

Daily – The tariff talk coupled with lower 1st Qtr GDP estimates weakens theses dollar futures. Trade pressures are down. Volumes are mixed, bullish to bearish.

While in the uptrend from 88.82, price is sitting on the trigger for a new move down at 89.05.

Uptrend support is at 88.46.

 

US 30 YR T-BONDS_ USM18  #ustreasurybondfutures

Weekly – Still inside the move up from the May 2017 long signal. This recent down trend started Jan 2018. Trade pressures are down but rising. Volumes are now bearish to neutral. Sitting just on the 141-09 support level, a break down would void the weekly long cycle long signal.

Daily – Flat. In a move up from the 143-09 long entry level. Trade pressures are in the neutral zone with a slight upward bias. Volumes are mixed bearish to bullish.

Previous long entries had been stopped out due to tight stops put in place to recognize the counter trend nature of this long trade.

Look for a new long trade if there is a retracement near the 25×5 moving average at 143-19.

A new move down would need a close below 142-21.

Set any long stops at this 142-21.

US$$

USD_ DXM18  #usdollarfutures

Weekly – In the move down from the 91.30 level. Trade pressures are down but rising. Volumes have changed to bullish. The next target down is 86.64.

Daily – Have been consolidating just below the old downtrend resistance line and the new uptrend support line. Trade pressures are up. Volumes are now bullish.

In the new move up from the 88.80 level. The 90.38 upside target has acted as resistance.

The next target up is 92.02.

 

US 30YR T-BOND_ USM18  #ustreasurybondfutures

Weekly- retesting the lows of Dec 2016. Trade pressures are down but rising. Volumes are bearish. There is a weekly down side target at 140-09, just below the low pivot.

Daily – Flat. In the move up from the new long entry at 143-09. Trade pressures are up. Volumes are mixed, bullish to bearish.

The first long attempt was stopped out. The next target up is 146-10.

Now at the the downtrend resistance line. Expect some consolidation and retracement.

Support is at 143-11, the 25×5 moving average.

US$$

USD_ DXH18  #usdollarfutures

Weekly – Six weeks of consolidation. Trade pressures are down but rising. Volumes are bearish.

Daily – In a move up off the February Lows. Trade pressures are up into the neutral zone. Volumes are mixed, bullish to neutral.

The 90.38 target has been met. The next target up is 92.02.

A close below 89.00 would signal another retest of the lows.

 

US 30YR T-BONDS_ USM18  #ustreasurybonds

Weekly – Down at the 2016-2017 lows. Trade pressure are down and trending. Volumes are mixed neutral to bearish.

Daily – Flat. The early long entry at 143-09 has been stopped out at the 143-00 level. Trade pressures are flat in the neutral zone. Volumes are mixed bullish to neutral.

A close above the 25×5 moving average would signal higher.

A close below the 141-26 level would signal lower.

 

US$$

USD_ DXH18  #usdollarfutures

Weekly – Still in the move down from the 91.73 level.  Trade pressures are down but rising. Volumes are still bearish. The next weekly target down is 86.97.

Daily – So what to expect from the tariff bluster? Trade pressures are up but turning down. Volumes have changed to bearish.

In the move up from the 89.16 level and touched the 90.88 upside target. The tariff talk has dropped the US Dollar futures to 89.90 in two days. The next target down is 89.34.

The International community is targeting companies that are constituents of the Senate and House leadership. Seems completely unproductive?

 

US 30 Year Treasury Bond_  USH18  #ustreasurybondfutures

Weekly – Both the Dollar futures and the 30yr Bonds are dropping? Trade pressures are down. Volumes have changed from bearish to neutral.

Daily – Long. The 143-09 level has triggered a new long entry. Trade pressures are up. Volumes are now bullish.

Expect the treasuries to rise as the dollar declines. The next target up is 146-10.

Since this move is policy , or non-policy, driven, keep the stops at a very close 142-12.

A close below 141-26 would signal lower.

[3-8-18: raise the stops to 143-00.]

 

US$$

USD_ DXH18  #usdollarfutures

Weekly – Still in the move down from the short entry at 91.73. Trade pressures are down but rising. Volumes are bearish.

Daily – In the move up from the 89.16 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 90.80.

A close below the double bottom at 88.15 would signal lower; to perhaps the 86.48 level.

 

US 30YR T-BONDS_ USM18  #ustreasurybondfutures

Weekly – Tested the December 2016 lows. Trade pressures are down and extended. Volumes are bearish. A nearby weekly target level is at 140-09.

Daily – Flat. Has met almost all the downside targets. Trade pressures are down and trending. Volumes are bearish.

The next target down is 140-21.

A close above 143-09 would signal higher.

US$$

USD_ DXH18  #usdollarfutures

Weekly – Retested the lows of the prior three weeks. Trade pressures are down but turning upwards. Volumes have changed back to bearish.

Daily – The slight break of the January lows may signal capitulation? Trade pressures are down but showing some divergences withe price. Volumes are bearish.

The next target down is 86.41.

A close above 89.16 would signal higher.

 

US 30 YR T-BONDS_ USH18  #ustreasurybondfutures

Weekly – In the sustained move down. Trade pressures are down and looking extended. Volumes remain bearish.

Daily – Flat. In the move down from the 152-17 short entry level. Trade pressures are down and trending. Volumes are mixed bearish to neutral.

The next target down is 141-22.

A close above 144-12 would signal higher.