#usdollarfutures #ustreasurybondfutures
USD_ DXH19
Weekly – In the long move up that started in early 2018. Trade pressures are rising into the neutral zone. Volumes are mixed bearish to bullish.
Daily – Trading in the 94.50 – 96 channel. Now at the upper end of the range. Trade pressures are up. Volumes are bullish.
Also at the resistance of the down sloping pitchfork. The next target up is 97.13.
A close below 95.88 would signal lower.
A change in the FED trajectory of interest rate increases would see an outflow of funds from the US.
US 30 YR T-BONDS_ USH19
Weekly – Second break above the 200 week MA. Trade pressures are up and declining. Volumes are Bullish.
Daily – Flat. In the new move up with a second time thru the 146-11 level. Trade pressures are just now thru the neutral zone and rising. Volumes are mixed bearish then neutral; finishing bullish for the week.
The next target up is 147-09.
Don’t see a sustained breakout here, still looking for a pullback below 145-00 to enter long.
A close below 144-08 would signal lower. Use this level as the stop.