USD (DX)_ European economic worries and Russian adventurism is driving the flow of funds to the DX.
and once purchased those same dollars have to go somewhere.
Weekly – after consolidating around the 88.99 target, the subsequent breakout is taking the DX to the 94.68 target.
Trade pressures are up. volume is bullish.
Daily – approaching the 91.72 target.
trade pressures are up. volume is bullish.
a close below 90.79 would signal a short entry.
30YR T_BONDS_ reacting to the dollar.
Weekly – trade pressures are up, but diverging. volume is neutral.
still in the weekly short trade until a close above the high.
Daily – touched the 146-18 long target on 12/16. now making another run at that same target.
trade pressures are up. volume is bullish and flashing a high volume signal.
142-05 will signal another short entry.