Category: Currencies

US $$

USD (DX)_ DXH16

Weekly – Working higher. Trade pressures declining. Volume Is neutral. Still in the uptrend.

Daily – Now in a downtrend after the close below 98.67. Trade pressures are down but near a cross into the positive zone. Volumes have changed from bearish to bullish.

 

30Yr T-BONDS_ USH16

Weekly – At the upper bound of the five month channel. Trade pressures are up. Volumes are bullish.

Daily – Flat. Looking for the next trade. Trade pressures are neutral. Volumes are mixed, in congestion, but closed bullish.

Need a close below 155-11 to signal lower.

US $$

USD(DX)_ DXH16

Weekly – Still in the long term uptrend. Trade pressures are down. Volumes have turned from bearish to neutral.

Daily – In a downtrend from 98.56. 95.26 is the next target down. Trade pressures are down. Volumes are bearish.

 

30YR T-BONDS_ USH16  Is the market pricing a “wait one more quarter” from the FED? Wednesday this week is the announcement.

Weekly – Back up to the upper bound of the 5 month channel.Trade pressures are up. Volumes have turned bullish from neutral.

Daily – Flat. Had been waiting for a new short signal. Trade pressures are rising to neutral. Volume is bullish.

A close below 155-11 would signal lower.

US $$’s

USD_ DXZ15_    ECB slows the “QE” stimulus measures.

Weekly – Reversal week? Trade pressures are up but turned down this last week. Volume changed decidedly to bearish.

Daily – Reversed to a downtrend in one day with the close below 98.56. The next target down is 95.26. Trade pressures are pointing down but still in the neutral zone. Volumes were bearish but closed Friday at neutral.

 

30YR T-BONDS_ USH16  Year end trades are going to be difficult

Weekly – In the down trend. Trade pressures are up. Volumes have changed from neutral to bearish.

Daily – Flat. the move down stopped out the long trade with a small loss.

Have turned down inside the longer cycle up. The short entry price was 154-02 – Missed that entry. The downside target is 150-17.

Trade pressures are down. Volumes have changed from bearish to neutral.

Looking for a move back up above 154-02 then back down thru for a new short trade.

US $$

USD (DX)_ DXZ15

Weekly – Approaching the old highs. Trade pressures are up. Volume remains bullish.

Daily – Remains in the uptrend. the next target up is 100.48. Trade pressures are up but declining. Volume remains bullish.

A close below 98.21 will signal lower.

 

30Yr T-BONDS_ roll to the march contract. USH16  [Sell Dec at 155-08, buy at Mar @ 153-28.]

Weekly – Still in a downtrend. Trade pressures are rising and neutral. Volume is also neutral for these last two weeks.

Daily – Long. The next target up is 155-15. Trade pressures are up. Volume has turned neutral.

A close below 152-11 would signal lower.

Set the stop at 152-11.

[12-1-2015 update: raise stops to entry price 153-23.]

[12-3-2015 update: ECB doesn’t lower rates. stopped out at the 153-23 entry price.]

US $$

USD (DX)_ DXZ15

Weekly – The uptrend still in place from the summer of 2014. Trade pressures are up. Volume is bullish.

Daily – In the move up from the 94.95 entry level. Trade pressures are up but showing some divergences. Volume is bullish. Next target up is 100.48.

A close below 97.92 would signal lower.

 

30YR T-BONDS_ USZ15  The US rate increase may be offset by European stimulus.

Weekly – a small move up off the 151-24 downside target. Trade pressures are down. Volume is now neutral.

Daily – Long. The 153-16 entry price 11-16 was triggered. The next target up is 156-27. Trade pressures are down but rising to neutral. Volume is bullish.

Stops now at the entry price of 153-16.

US $$

USD_ DXZ15

Weekly –  Approaching the old highs. Trade pressures are up. Volume remains bullish.

Daily – In the move up. Trade pressures are up. Volume is bullish.

A close below 97.55 would change the direction.

 

30Yr T-BONDS USZ15  …. Will the FED respond to the market move down??

Weekly – In the move down finding support at the 151-24 downside target. Trade pressures are down. Volume is bearish.

Daily – Flat. Still in the move down. reached the 150-28 target. Now moving up to test the long entry price of 153-16. Trade pressures are down and extended. Volume has turned to neutral indicating profit taking and perhaps accumulation.

A close above the 153-16 level would signal a new long entry.

US $$

USD (DX)_  DXZ15

Weekly – A breakout to the upside. Trade pressures are up. Volume remains bullish.

Daily – In the move up from 94.86. The 97.94 target was reached and the Friday jobs report sent price higher. A test of the highs at the 100.48 target is now likely.

Trade pressures are up. Volume is bullish.

A close below 97.43 would signal lower.

 

30yr T-BONDS_ USZ15

Weekly – Just as the dollar moves up on the jobs report, longer term interest rates move up as well; sending price down.

Trade pressures are down. Volume has changed from neutral to bearish.

Daily – Flat. In a move down from 158-10. The first profit target of 154-28 was met and would now be the stop price.. The next target down is 151-09.

A close above the 153-28 would signal higher.

 

US $$

USD(DX)_ DXZ15

Weekly – In the up trend and in the long 93-98 channel. Trade pressures are up. Volume remains bullish.

Daily – Now in a pullback from the test of the 97.94 upside target this last week. Trade pressures are up and extended. Volume has turned from bullish to bearish.

A close below 95.85 would signal a new move down.

30yr T-BONDS_ USZ15

Weekly – Remains in the downtrend. The 160 has acted as resistance for weeks now. Trade pressures are up. Volume has remained neutral.

Daily – Short. Flat. looking for a short entry. Volatile week waiting for the FED announcements. Finally price breaks to the downside late in the week. The short entry is 158-13;missed the move, so waiting for a pullback to the 25×5 (157-25) for a new short entry.

Trade pressures are declining but still neutral. Volume is bearish.

Stops at 159-02.

US $$

USD (DX)_ DXZ15  Mr Draghi adds to the European QE as stimulus. Money flows come into the dollar and from there into the US$ equities.

Weekly – remains in the uptrend. Trade pressures are up. Volumes changed from bearish to bullish.

Daily – In a long consolidation since the early spring trading between 92 and 98.  Now moving up to test the upper bound of that range. Trade pressures have now just turned up. Volumes are bullish.

97.94 is the next target up, Then the next target beyond that at 100.48 will test the yearly highs.

A close below 95.28 would signal a new move down.

 

30 YR T-BONDS_ USZ15

Weekly – Looks very much like the DX dollar futures chart. Trade pressures are up. Volume has changed from bullish to neutral. Still in a long term downtrend.

Daily – Made an attempt to short at the 158-13 short entry last week. After an initial move down, the trade was stopped out in just days.  Trade pressures are down. In the last nine trading days the volume has vacillated between bullish, neutral, bearish, neutral, and now back to bearish; a sign of congestion.

But Fridays break down may provide a new short opportunity.  Will watch the 60 min for a new cycle.

US $$

USD(DX)_ DXZ15

Weekly – retesting the May 2015 lows. Trade pressures are down. Volume is bearish. The weekly target is still the in the 90-91 area.

Daily – No trade. The move is down inside the longer up cycle. the next target down is 93.27. Trade pressures are down. Volume is bullish but slowing.

 

30yr T-BOND_ USZ15

Weekly –  Tested the August highs. Trade pressures are up but showing divergences. Volume remains bullish.

Daily – Flat. No trade. Still in the September move up from 155.24. The 159-20 target stopped this move. The next target up is 161-09. Trade pressures are up. Volume remains bullish.

Need a close below 158-13 with volume confirmation to establish a new short trade.

[Update 10-19-15: Short entry 158-10 triggered. Stops at 160-20. First profit target is 154-19.]

[Update 10-20-15; Tuesday AM pre-market moves down sharply. Move stops to 158-10 entry price.]

[Update 10-21-15: Flat. Wed AM rally to 158-10 stops out the trade.]