#usdollarfutures #ustreasurybondfutures
USD_ DXZ18
Weekly – In the same move up since the beginning of 2018. Trade pressures are up just out of the neutral zone. Volumes are bullish.
Daily – In the new move up from the 95.58 level. Trade pressures are up and rolling over. Volumes are bearish to bullish.
The late in the week tariff talk drops the dollar futures back below the August highs of 96.40 and enters a short term short trade at 96.25.
The next target down is 95.07.
A close above 96.64 would resume the move up and act as the stop for the short trade.
US 30 YR T-BONDS_ USZ18
Weekly – Remains in consolidation at the 137-20 downside target. Trade pressures are down. Volumes are bearish.
Daily – Flat. In the new move down at 137-24. Trade pressures are down. Volumes are bearish.
The next target down is , first the old low at 136-16, then 135-16.
A close above the 137-15 level would signal a resumption of the move up. As theses two level are close together, watch the hourly for over-bot and oversold conditions.