USD_ DXM18  #usdollarfutures

Weekly – The consolidation at the 88 level continues. Trade pressures are up. Volumes remain bullish.

Daily – In the move up from the 88.80 entry level. Trade pressures are up. Volumes are bullish.

This is a second test of the upside 90.38 profit target.

The next target up is 92.02.

The hourly is over-bot so expect some consolidation. 88.80 is the support level.

 

US 30 YR T-BONDS_ USM18  #ustreasurybondfutures

Weekly – Three weeks of a sell off as yields rise. Trade pressures are back down into the neutral zone. Volumes are bearish.

Daily – Flat. In the short trade from the 144-08 entry level. Trade pressures are in the neutral zone. Volumes are bearish.

The next target down is 139-21.

The hourly is over-sold. so look for a pullback into the 145’s to enter the short.

Remember “event risk” from any geopolitical stress will affect these financial instruments.