Category: Currencies

US$$

USD_ DXH17  #USDollarfutures

Weekly – Despite the rally last week, the weekly trend remains down with a downside target of 98.29.

Trade pressures are down.  Volumes remain bearish.

Daily – In the move down. The rally took the dollar futures up the test the 25×5 moving average. Trade pressures are up. Volumes are bullish.

The next daily target down is 98.14.

A close above 101.50 would signal a new move up.

 

30YR T-BONDS_ USH17  #ustreasurybondfutures

Weekly – Remains in the downtrend, but now appears to be basing. Trade Pressures are down but rising into the neutral zone. Volumes have changed from neutral to bearish.

Daily – Flat. The daily has moved into a new uptrend. Trade pressures are up but turning down. Volumes are mixed, bullish, bearish, neutral.

The second leg up from the 150-10 long entry price retested the 153-26 pivot high. The weekly upward pressures may allow price to test the weekly downtrend support at 158-03.

Now in a pullback off that 153-26 pivot. Support is the 149-10 level.

Watch for a bullish reversal in the hourly for a new long entry.

US$$

USD_ DXH17  #usdollarfutures

Weekly – These flows in and out of the dollar are reflected in the metals. Employment numbers were good. Wage growth flat, hence no increase in rates. Trade pressures are down. Volumes remain bearish.

Daily – In the move down. The next target down is 98.03. Trade pressures are down but rising. volumes are bearish.

A close above 101.49 would signal higher.

 

30YR T-BONDS_ USH17  #ustreasurybondfutures

Weekly – Futures are indecisive. Trade pressures are down but rising. Volumes have been neutral for three weeks now.

Daily – Flat. After a move up thru the long entry price and a failure to follow thru on the upside, 148-25 is the level to suggest bond price may go lower. Trade pressures are up from neutral. Volumes have changed from bullish.to neutral.

Still in the uptrend. A close above the 150-10 would signal a new move up.

A close below 148-25 would signal a new move down.

 

US$$

USD_ DXH17  #usdollarfutures

Weekly – The 2015 highs have proved to be resistance. Trade pressures are now down. Volumes remain bearish.

Daily – Still in the move down from the 101.53 entry. Trade pressures are down and trending. Volumes are bearish.

The next target down is 96.14.

A close above the 102.20 would signal higher.

 

30 YR T-BONDS_ USH17  #ustreasurybondfutures

Weekly – Still in the downtrend towards the 144-11 weekly target. Trade pressures are down but rising. Volumes have changed to neutral.

Daily – Flat. In the uptrend and in a move up from the 151-10 long entry. Trade pressures are down. Volumes have changed from bearish to neutral.

Looking for an opportunity to re-enter the long trade when volume supports.

Stops will be at 149-00.

This stop level could also be a new short entry. Watch the Dollar futures.

US$$

USD_ DXH17  #usdollarfutures

Weekly – In the pullback for the election highs. Trade pressures are down into the neutral zone. Volumes remain bearish.

Daily – In a move down from the 101.00 short entry level. Trade pressures are down but turening up. Volumes are still bearish.

The next level down is 98.14.

There is still a higher target of 105.18, but would need a close above 102.49 to make that active.

 

30YR T-BONDS_ USH17  #ustreasurybondfutures

Weekly – Still in the downtrend. Trade pressures are down but rising. Volumes have changed to neutral. The next weekly target down is 144-11.

Daily – Flat. The long trade was stopped out for a break-even. Trade pressures are down into the neutral zone. Volumes are bearish.

Still in an uptrend, but the weekly is in its downtrend. Watch the weekly for for a reentry on the daily at 151-10 after the retracement is complete.

 

 

US$$

USD_ DXH17  #usdollarfutures

Weekly – In the pullback from the 103 highs. Trade pressures are up but declining. Volumes remain bearish.

Daily – Still in the move down. Trade pressures are down. Volumes are mixed bullish to bearish.

The next target down is 100.70.

A close above the 103.03 would signal a new move up.

 

30YR T-BONDS_ USH17  #ustreasurybond#futures

Weekly – Rising above the 150-11 downside target. Trade pressures are down but rising. Volumes have changed to bullish.

Daily – Long. The 151-16 long entry was triggered last week. Trade pressures are up and extended. Volumes are bearish.

The next target up is 158-08.

As the trade pressures are getting extended, raise stops to the entry price of 151-16.

[1-18-17 Update: Long trade stopped out at the 151-16 entry price resulting in a break-even.]

 

US$$

USD_ DXH17  #usdollarfutures

Weekly – At resistance and consolidating. Trade pressures are up and trending. Volumes have changed from neutral to bearish.

Daily – At the last profit target of the move up from 95.00. The retracement down has found support at the 101.40 Trade pressures are down.  Volumes have changed from bearish to bullish.

The next target down is 100.05.

A close above the 103.62 highs would signal higher.

 

30yr TBONDS_ USH17  #ustreasuryfutures

Weekly – In consolidation at the 150-11 level. Trade pressures are down but rising. Volumes have changed from bearish to neutral.

The weekly 144 downside level is still active.

Daily – Flat. The new long entry of 151-16 has been met. Trade pressures are up. Volumes have changed from bullish to neutral.

Intraday targets have been met, so now in a pullback.

The next target up is 158-08.

If long, stops at the 147-10 lows.

US$$

USD_ DXH17  #usdollarfutures

Weekly – Retracing the mid December run-up. Trade pressures are up and trending. Volumes went neutral into the year end trading.

Daily – In the move up from the 98.00 level. Consolidating at the 102-103 upside targets with the old 102 target acting as support. Trade pressures are up but have turned down. Volumes have changed to bearish in the is last trading days of 2016.

Negative divergences are showing in the indicators. A close below 101.44 would signal lower.

 

30YR T-BONDS_ USH17  #ustreasurybonds

Weekly – Closed the year end in this long downtrend. Trade pressures are down and extended. Volumes remain bearish.

The 144-11 downside target remains in place and active.

Daily – Flat. Getting near the new long entry of 151-10. Trade pressures are up thru the neutral zone. Volumes have changed to bullish.

May need the equity market to retrace to get these bonds moving?

US$$

USD_ DXH17  #usdollarfutures

Weekly – New contract highs. Trade pressures are up and trending. Volumes remain bullish.

Daily – In the move up from the 98 level. Trade pressures are up. Volumes have changed to neutral from bullish as trading has paused for the holidays.

Consolidating at the 103.20 level. The next target up is the 105.20 level.

A move below the 101.40 level would signal lower.

 

30YR T-BONDS_ USH17  #ustreasuryfutures

Weekly – Remains in the long term downtrend. Trade pressures are down and are beginning to be extended. Volumes remain bearish.

Daily – Flat. Holiday trading has slowed the activity, but some divergences suggest some short covering. Trade pressures are down but rising toward the neutral zone. Volumes bearish but light trading and closing the week with a neutral day.

The next target down is still the 144-11 level on the weekly.

The 25×5 moving average is 150-02 and the new long entry level is 151-10, an important confluence. Watch this carefully.

US$$

USD_ DXH17  #usdollarfutures

Weekly – Trend is up. Trade pressures are up and trending. Volumes remain bullish.

Daily – In an extended move up. Trade pressures are now down into the neutral zone. Volumes remain bullish.

Both the 102.05 and the 103.19 targets have been met. The 103 is acting as resistance. Expect consolidation and a possible retracement here.

A close below 101.44 would signal lower.

 

30YR T-BONDS_ USH17  #ustreasuryfutures

Weekly – Continuing the move down to the 144-11 weekly target. Trade pressures are down.  Volumes remain solidly bearish.

Daily – Flat. The next target down is the weekly 144-11. Trade pressures are down but rising (divergence). Volumes are bearish with one day of bullish volume.

Require a close above 151-10 to start any new move up.

US$$

USD_ DXZ17  #usdollarfutures

Weekly – A spike low then returned to the recent highs. Trade pressures are up and trending. Volumes have returned to bullish from neutral.

Daily – Still in the move up from the 98.14 level. Trade pressures are down into the neutral zone. Volumes have changed from neutral to bullish.

Consolidating at the 101-102 levels. The next target up is the 103 level.

A close below 99.50 would change the trend to down.

 

30YR T-BONDS_ USH17  #ustreasurybondfutures

Weekly – In the downtrend that began late October, the next weekly downside target remains at 144-11. Trade pressures are down. Volumes have been bearish since mid August and remain bearish.

Daily – Flat. Price has been consolidating around the 150-21 target. Trade pressures are down but rising. Volumes are still bearish.

Price has broken the recent lows, but may be just a “wash and rinse” to setup a corrective rally.

Need a move thru the 152-06 level to trade the long side.