USD_ DXU16

Weekly – Remains in the downtrend post BREXIT. Trade pressures re up. Volumes are neutral.

Daily – The sharp rally on the 24th put the US Dollar futures in a new uptrend with targets at 95.54 and 97.10. Trade pressures are up but declining. Volumes have changed from bullish to neutral.

Looking for consolidation here at the 95 level.

 

30 YR T-BONDS_ USU16

Weekly – Have traded thru the 171-28 weekly target to a new high of 175-11. Trade pressures are up. Volumes have changed from bullish to neutral.

Daily – Flat. In distribution all week. Trade pressures are up but showing divergence with a lower high. Volumes Neutral to bearish.

A close below173-05 would signal lower.