US$$

USD_ DXM16  #usdollarfutures

Weekly – At the 25×5 support. Trade pressures are down. Volumes are still bearish.

Daily – In the move down and at the 99.27 downside target. Trade pressures are down. Volumes are bearish.

The next target down is 98.19.

Watch to see if the weekly support holds.

A close above 100.10 could signal a new move higher.

 

 

US 30YR T-BONDS_ USM17  $ustreasuryfutures

Weekly – Seems to have formed a double bottom. Trade pressures are up. Volumes have changed from bearish to bullish.

Daily – Long. The old long entry at 150-02 has triggered a second time. Trade pressures are up. Volumes are bullish.

The next target up is 156-26.

Stops are at the 25×5 moving average, 149-09.

Raise stops to the entry price 150-02.