Category: Currencies

US $$

USD_ DXM16

Weekly – Closed at the August 2015 low. Trade pressures are down hard. Volumes have changed from bearish to close bullish.

Daily –  In a new move up from the 93.48 level. Trade pressures are down but rising. Volumes have changed to bullish from bearish.

 

US 30yr T-BONDS_ USM16

Weekly – In the 161 to 167 range. Trade pressures are down. Volumes have changed from bearish to neutral.

Daily – Flat. Still in the move down from the 165-05 short entry. Trade pressures are up. Volumes have changed fro bullish to bearish.

The downtrend line at 166 held Friday. A break could signal higher.

The high pivot is 165-18; use as stop.

A close below 162-24 would signal a new move down.

US $$

USD_ DXM16

Weekly – The week prior resistance held. The move down has taken price to test the low pivot at 92.90. Trade pressures are down. Volumes remain bearish.

Daily – In the move down. The consolidation around the 94 lows failed. Trade pressures are down. Volumes are bearish.

The next target down is 92.32.

 

30Yr T-BOND_ USM16

Weekly – double top at 167-13ish. Trade pressures are down. Volumes remain bearish.

Daily –  Flat. in the move down from 165-06. Trade pressures are down but rising.

Volumes are mixed neutral to bullish.

Looking for a short trade near the 25×5.

US $$

USD_ DXM16  HMUZ – 9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday).

Weekly – In the move down but has rallied these last two weeks. Now at upside resistance. Trade pressures are down hard. Volumes are bearish.

Daily – In a move up. Need to clear the 95.21 long entry price. Trade pressures are rising thru the neutral zone and are showing higher lows in the indicator. Volumes have changed to bullish.

 

30YR T-BONDS_ USM16   HMUZ –  Seventh business day preceding the last business day of the delivery month.

Weekly – Still in the long term uptrend. Trade pressures are up but declining. Volumes have changed to bearish.

Daily – Flat.  In a move down. Closed below the 165-06 short entry price. Trade pressures are down. Volumes are bearish.

Looking for a retracement up to establish a new short.

US $$

USD_ DXM16

Weekly – In the move down. Next weekly target is 90.82. Trade pressures are down, starting to show small divergence. Volumes remain bearish.

Daily – In the move down. The 94.05 downside target is acting as support. Trade pressures are neutral and rising. Volume is mixed neutral and bullish.

A close above 95.21 would signal higher.

 

30YR T-BONDS_ USM16

Weekly – Still in the uptrend testing the 167 highs. Trade pressures are up. Volumes are mixed, neutral to bearish.

Daily – Flat. In a move up. Trade pressures are up but declining. Volumes are mixed, bearish to neutral.

165-03 is the long entry price but pressures are not there for a trade.

Earning season is projected to be light to down, so fund flows could be in this direction.

 

US $$

USD_ DXM16

Weekly – Continues in the move down. Trade pressures are down. Volumes are bearish.

Daily – In the move down. At the 94 target. Trade pressures are down. Volumes are bearish.

The next target down is 91.71.

Need a close above 95.63 to signal higher.

 

30 YR T-BONDS_ USM16

Weekly – Still in the uptrend, moving back toward a test of the old highs. Trade pressures are up. Volumes are mixed neutral to bullish.

Daily – Flat. In the move up from the 165-03 entry price. Trade pressures are up and beginning to become extended. Volumes are bullish. Large daily ranges make it difficult to trade.

Perhaps a spike up? Then would consider a short with a close below 165-06.

US $$’s

USD_ DXM16

Weekly – In the move down. Trade pressures are down. Volumes are bearish.

Daily – In the move down from 97.60. The next target is 94.05. Trade pressures are down. Volumes are bearish.

A close above 95.90 could signal higher.

 

30YR T-BONDS_ USM16

Weekly – Retracing inside the move up. Trade pressures are up but declining. Volumes are mixed bearish to neutral.

Daily – Flat. Have touched the long entry price of 165-03, but not closed above. Trade pressures are up. Volumes are mixed bearish to bullish.

Much like crude, this 30yr seems to be event driven; any improvement in the economy would signal lower prices, or any dislocation event could drive money to the safe haven of US Treasuries.

Wait.

US $$

USD_ DXM16

Weekly – Stair-stepping down now over a period of eight weeks. Trade pressures are down. Volumes continue to be bearish.

Daily – Remains in the downtrend. Five days of a rally into the long Easter weekend and reaction to the terrorist events in Brussels. Trade pressures are down but rising. Volumes are mixed neutral to bullish.

The 94.05 target is still active.

 

30YR T-BONDS_ USM16

Weekly – Remains in the uptrend. Trade pressures are up but declining. Volumes have changed from bearish to neutral.

Daily – Flat. Have been looking for a short opportunity that never presented itself. Now must reconsider. Trade pressures have turned up. Volumes are mixed, neutral to bullish; not a short scenario.

165-03 is a possible long entry.

US $$’s

USD_ DXM16

Weekly – Everything turned bearish on the weekly. Trend is down. Trade pressures turned down into neutral territory. Volumes remain bearish continuing the six weeks of prior bearish readings.

Daily – In the move down. The next targets down are 94.40 and 94.05. Trade pressures are down hard and extended, so maybe a bounce? Volumes are still bearish.

 

30 Yr T-Bonds_ USM16

Weekly – Still in an uptrend. Trade pressures are up, but declining. Volumes ahve neutral to bearish. The weekly downside target is still 157-29.

Daily – Flat. Still looking for a short entry, Trade pressures are up and Volume has turned to bullish.

165-03 is the upside resistance level and also a new long entry.

This confusing as we are looking for a new short.
Any new short will have to have this new long entry as the stop.

US $$’s

USD_ DXM16

Weekly – Sideways movement inside the current uptrend. trade pressures are up but rolling over. Volumes continue to be bearish.

Daily – Now in a move down from 97.62. Trade pressures are down. Volumes are bullish to neutral.

Near the 95.83 target. The next target down is 94.05.

 

30yr T-BONDS_  USM16

Weekly – After the run to the 169-15 contract highs price has been in a pull back. Trade pressures are up, but turning down. Volumes are mixed bearish and neutral. The weekly downside target is 157-29.

Daily – Flat. Waited for price to move back into the 165 area, but missed any opportunity. Trade pressures are down. Volumes have changed to bearish.

Seems over-sold on the hourly. Waiting again for a pullback to the 25×5 for a new entry point.

US $$

USD_ DXH16

Weekly – The trend to the safe haven is slowing. Trade pressures are up. Volumes are bearish.

Daily – In the move up from 96.85. The next target up is 99.41. Trade pressure have declined to neutral. Volumes have turned to bearish.

A close below 97 00 would signal lower to possibly test the 95.20 prior low.

 

30Yr T-Bond_ USM16

Weekly – Still in the uptrend but showing signs of turning. Trade pressures are up but decling. Volumes are mixed bearish to neutral.

Daily – Flat. Looking for a short but no success. Trade pressures are down and extended. Volumes are mixed bearish to neutral.

Still above the 25×5. Maybe trying to be too perfect, but waiting for a move up back into the 165 area.