#usdollarfutures #ustreasurybondfutures
USD_ DXH19
Weekly – New highs in the dollar futures are not good for the US equity markets. Trade pressures are up but still showing divergences. Volumes are neutral to bearish.
Daily – Moving up along the lower median line of the Andrews pitchfork and the 25×5 MA. Trade pressures are up, but at lower highs while price is at higher highs. Volumes are bullish.
The next target up is 97.23.
A close below the 25×5 MA would signal lower. Support is at 95.41.
US 30YR T-BONDS_ USH19
Weekly – In a new uptrend. Trade pressures are up just out of the neutral zone. Volumes are thee weeks bullish.
Daily – Flat. Thru the 142-14 upside target and consolidating just above that level. Trade pressures are still up and trending. Volumes are neutral.
The next target up is the 144-04 just above the upper median line of the pitchfork.
A close below 141-31 would signal lower.