Category: Currencies

US $$

USD_ the DX has ranged between 79-97 over the years since 2005. currently at 80.69; so much for QE trashing the Dollar?

Monthly pressures are up.
weekly pressures are up. long entry nearby.
The daily trade is long from 80.49 with a target of 82.25/

stops at 79.85/

30yr T_Bonds_ Monthly is in the long term down move. pressures remain down.
Weekly pressures are turning up. the recent low is higher than the prior low

the Daily trade is long from 120-15, with a target of 132-04 which is met this morning. the next target up is 134-24.

stops at 127-27.

US $$

USD (DX) weekly is in consolidation with an upward bias.

the Daily has traded inside the 79.20 to 81.75 channel. a number of small trades inside the channel have been successful.
the next move is likely up and the next target is 81.88.

a move down thru 79,82 would signal lower.

30 YR T-Bonds _ weekly still shows lower to the 122-19 target with resistance at the 127 lows.

the daily trade is up with a new long entry at 129-14. this is a counter-trend trade so only up to 132-08.

the sell stop is at 127-23.

US$$

USD_ (DX) in a new move up and at the first target of 81.05.
pressures are up so any pull back should be a new opportunity to go long

the next target up is 82.02.

30 yr Treasury Bond_ the weekly is testing the prior lows with a lower target at 122-19.
pressures are down.

the Daily remains in the downtrend, however pressures are turning up so, a correction up in this downtrend seems likely.

US $

USD_ the DX has made a move down from the 84 level to 79.22 and is now attempting a new move up thru the 81.33
long entry.
the daily is long from 80.22 long entry and is touching the 1st target of 81.88.
a retracement from that target has occurred with a move down thru 80.81 with the next target near the 79.30 low.

30YR T-bonds_ looks very much like the dollar (DX); a long move down a retracement up and now a resumption of the move down.

the daily trade is in a long trade from the long entry of 129-02, has met the 1st target of 132-19.
a new internal move down has been triggered at 129-27 with a target of 122-20.
the low of 126-29 will be tested as support before the long trade can be exited.

US $

USD_ the DX is moving up off the 78.94 level. the next target up is 81.74.

a move down thru 80.64 would likely retext these lows.

 

30yr T-Bonds_ in a correction down of a longer cycle move up. the next target dow is 124-08.
the 128-14 low will act as support.

the next target up is 141-00.

US $$

USD_ the DX had moved down as the FED tapering was postponed and
now upward pressures appear as the European ECB acts to lower interest rates.

the lower 78.85 target was almost met. now in a new move up from 80.07.
the next target up is 81.74.

upper pressures are neutral.

30 yr T-BOND_ the longer cycle weekly is still in a move up. while the daily trade is just touching a short entry.
watch closely to see how price behaves here.

pressures are down.

US $

USD_  the DX is down on the weekly time frame, next target is 78.85 then 76.29.
pressures remain down.

the Daily trade is at the 78.94 target, expect consolidation. the next target down is 78.31.

need a move up thru 80.16 to start a new move up.

 

30 yr T-Bonds_  weekly pressures are up. the next target is 140-16.

the daily trade is up. the first target of 134-05 has been met the next target of 137-22 is next.

a move down thru 131-11 would signal lower.

US $$

USD_
the weekly DX futures pressures are down and at the 80.41 target.
the next weekly target down is 78.86.

the Daily trade is down and the next target is 78.94.
pressures are down, but the market is oversold.

a move up thru 81.19 would signal a retracement up to the 82.85 level.

 

30YR T-Bonds_
the 129-17 downside target and the December 2011 pivot low have provided support to the market.
the weekly pressures indicate oversold.

The Daily trade has moved thru the 130-19 long entry and the next target up is 134-05..
short term the market is over bought, but pressures remain up.

a move down thru the 128-15 pivot low is the stop.

US $

USD_ weekly pressures are down.

has traded up thru the 82.19 long entry price.
next target up is 83.85. long stop at 81.16

the next short entry is 82.04.

the proximity of both the long entry and the short entry suggests a fulcrum point at these levels.
[Update: the move down continues, the next target is 80.495.]

30yr T-Bonds_

the monthly pressures are down with a monthly target of 122-20.
weekly pressures are down hard with no indication of respite.

the long daily trade is very near the 128-15 stop.
the long entry remains 130-21.

US $$

USD_

weekly is still in the up-trade form 81.41, but has met the first target of 84.90
and is consolidating between the long entry price and the target.

the Daily trade is up from the long entry price of 81.78.

weekly pressures are neutral and the daily pressures have turned up.

30 year T-Bonds_

the US has reached the weekly downside target of 129-13.
the daily long entry price of 130-21 has been met. the next target up is 134-05.

stop at 128-15.