USD_ DXM17  #usdollarfutures

Weekly – Remains in the uptrend. Trade pressures are up. Volumes have changed to neutral in these last two weeks.

The US FED likely to raise rates this next March meeting.

Daily – In the move up from the 101.52 level. Trade pressures are back down into the neutral zone. Volumes are mixed, bullish but closing bearish on Friday.

The next target up is the prior high pivot,103.68.

A close below 101 would signal lower for the dollar futures.

 

US 30YR T-BONDS_ USM17  #ustreasuryfutures

Weekly – Remains in the downtrend. Trade pressures are turning down into the neutral zone. Volumes are bearish for these two weeks.

Daily – Short signal at 147-20. Trade pressures are down and extended. Volumes are bearish.

Oversold. Wait on the new short for price improvement back above the entry price.

The first target down is 144-09.

A close back above 150-02 would signal higher.