USD_ DXZ16 #usdollarfutures
Weekly – At multi year highs. Trade pressures are up. Volumes have changed from bullish to neutral.
Daily – Consolidating at the 102 target. Trade pressures are up but declining. Volumes have changed to bearish.
A retracement is underway that could take the dollar down to test support at 99.55.
30YR T-BONDS_ USH17 #ustreasurybondfutures
Weekly – Remains in the move down. The next target down is the 144-11 level. Volumes remain bearish.
Daily – Flat. At the 150-21 extended downside target. Expect consolidation and retracement here. Trade pressures are down but rising. Volumes are bearish.
The next target down is the weekly 144-11.
A close above 152-17 would signal higher.