USD_ DXZ17  #usdollarfutures

Weekly – Still in retracement down after the rally to the resistance at the 95 area. Trade pressures are down. Volumes are now bearish.

Daily – Remains in the long trade from the 93.12 level. Trade pressures are down. Volumes are bearish.

This retracement from the 95.00 level has taken the dollar back down to the long entry of 93.12. This downtrend could turn into a new move down with the break of the 92.43 recent low.

The next target up is the new long entry at 93.50.

 

US 30 YR T-BONDS_ USH18  #treasurybondfutures

Weekly – Tracking sideways with the flat 25×5 moving average. Trade pressures are up but turning down. Volumes are very bullish.

Daily – Flat. In the move up from the 151-07 long entry at the end of October 2017. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target of 154-04 has been touched and a retracement is now underway. The next target up ius 157-05.

A close down below 151.00 would signal lower.