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USD_ DXZ19
Weekly – Still in the long uptrend. Trade pressures, however, are down. Volumes are Bearish.
Daily – In the move down, but at the 100% target. Trade pressures are down but rising. Volumes are neutral.
The next target down is the prior low of 96.88.
A close above 97.57 would signal higher with resistance at the next target of 98.26.
Could expect the down move to resume, perhaps after the FED announcement this next week.
US30YR T-BONDS_ USZ19
Weekly – Moving down inside the uptrend. Trade pressures are down. Volumes are bearish.
Daily – Flat. In the downtrend, Trade pressures are down but rising. Volumes are bearish.
At the 61.8% retracement down. The next target down is 155-31.
A close above 160-31 would signal higher. But with the downward weekly pressures should not exceed the 160-29 target.