USD_ DXU18  #usdollarfutures

Weekly – New yearly highs. Trade pressures are up and trending. Volumes are bullish.

Daily – After consolidating around the 94.29 new long entry during June and July, price breaks above the upper channel boundary at 95. Trade pressures are up and trending all of August. Volumes were bullish until this week when they turned neutral.

At the 96.75 upside first profit target. The next target up is 99.21.

A close below 95.32 would signal a new outflow of funds from the dollar.

 

US 30 YR T-BONDS_ USU18  #ustreasurybondfutures

Weekly – May 18th was the low for the year. Trade pressures are up. Volumes are neutral. FED rates up vs the world attracts dollars that must go some where.

Daily – Flat. In the retracement move up while still inside the longer cycle move down. Trade pressures are up. Volumes are bullish.

The next target up is 146-06.

A close below 144-01 would signal a resumption of the move down.