US$$

USD_ DXZ16  #usdollarfutures

Weekly – New contract highs. Trade pressures are up but diverging. Volumes remain bullish.

Daily – Have reached the full target of 102.05 in the move up from the 98.14 long entry. Trade pressures are up. Volumes have changed from bullish to neutral.

Expect consolidation and retracement here.

The next target up is 103.19.

A close below 101.00 would signal lower.

 

30YR T-Bonds_ USH17  #ustreasurybonds

Weekly – In the downtrend and targeting the weekly level of 144-11. Trade pressures are dwon. Volumes remain bearish.

Daily – Flat. At the 151-22 downside target. Trade pressures are down hard. Volumes are changing from bearish to neutral and bullish.

Expect consolidation and retracement.

A close above 154-14 could signal higher.