USD_ DXM17 # usdollarfutures

Weekly – The 25×5 moving average continues to act as support. Trade pressures are up. Volumes remain bearish.

Daily – Price has crossed over into the new uptrend at 101.00. Trade pressures are up. Volumes are bullish.

The next target up is 104.77.

The dollar has rallied for 9 days. The next resistance is likely the prior 102.13 high.

 

30YR T-BONDS_ USM17  #ustreasurybonds

Weekly- The Bonds have rallied for 4 weeks and are now at the 25×5 moving average resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. The prior long trade was stopped out at the 151-16 prior high. Trade pressures are up and trending. Volumes are bearish.

The next target up is 153-14.

A close below 150-17 could signal a new move lower.