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USD_ DXH19

Weekly – The decision of the FED to slow or stop the sale of inventory assets for a period softens the dollar. Trade pressures are now down. Volumes are neutral.

Daily – In the move down from the 95.65 short entry level. Trade pressures are down into the neutral zone. Volumes are now bearish.

After a quick move up to test the downtrend resistance line at 96.40 price reversed to down on Friday. The next target down is 94.11.

 

US 30YR T-BONDS_ USH19

Weekly – Back below the 200 wk MA. Trade pressures are up but rolling over. Volumes are now bullish.

Daily – Flat. In move down from the 146-22 short entry level. Trade pressures are now up. Volumes are neutral to bullish.

The next target down is 143-07.

A close above 147-11 would signal higher.

Looking down in the lower time frames for early signals of a new move up. The dollar move down, if sustained, should move the rates lower and the bond prices higher.