USD_ DXZ16 #usdollarfutures
Weekly – A break back above the previous downtrend line. Trade pressures are up but declining. Volumes are bullish.
Daily – The daily is also in anew uptrend. The trump election results generated a spike down that recovered the same day. Trade pressures are now up. Volumes are bullish.
A new long entry is signaled at 98.14.
The next target up is 99.67.
A move below 97.39 would signal anew move lower.
30YR T-BONDS_ USZ16 #ustreasuryfutures
Weekly – Interest rates up, Prices down, and the US Dollar rises. In a new downtrend. Trade pressures are down. Volumes remain bearish.
Daily – Flat. Prices have dropped thru the first two profit targets. Trade pressures are down. Volumes are bearish.
The next target down is 151-22.
A close above 159-10 would signal anew move up.