USD(DX)_ reacting to the slowing economy in the US and the turmoil in the Euro-zone and its currency. The Greek financial situation is watched closely.
Weekly – In consolidation with Volume moving from neutral to bearish and back to neutral over these last three weeks. Trade pressures are still up but trending lower. Bias is down.
Daily – In the short trade from 99.21; met the 97.49 target. The next target down is 95.80. Trade pressures are down. Volume is bearish.
Stops at 98.31.
30yr T-BONDS_
Weekly – Trade pressures are up. Volume is neutral for thee weeks. In consolidation after reaching the 166-30 target.
Daily – Short from 163-29. The next target down is 160-13. Trade pressures are down . Volume is bearish for the last four days.