USD_ DXU18  #usdollarfutures

Weekly – As before the Dollar is consolidating at the 95 level. Trade pressures are up but rolling over. Volumes are still bullish.

Daily – Who needs more dollars? The foreign buyers of US goods who are anticipating tariffs on their products. That demand seems to have tapered off. Trade pressures are still up. Volumes remain bullish.

Technically, experiencing a 4th retest of the 95.22 highs. 96.73 is the next target up if we breakout out of this consolidation.

A close below 93.67 would signal lower.

 

US 30 YR T-BONDS_ USU18  #ustreasurybondfutures

Weekly – A weekly move up off the potential MACD crossover. Trade pressures are down. Volumesa re bearish.

Daily – Flat. The short trade was taken out at the 61% target for a nice profit. Trade pressures are down and trending. Volumes remain bearish.

The next target down is 138-13.

A close above 143-13 would signal higher.