USD(DX)_

Weekly – Trade pressures are up. Volume is bullish. Price is hugging the 25×5 moving average. The 90-91 area remains support.

Daily – No trade. Previously the long trade was stopped out at the entry price. So now in a narrow channel between 96.5 and 98. Trade pressures are up. Volume closed bearish on Friday, Aug 7th.

30 year T-BONDS_     [Up despite the prospect of FED interest rate increases.]

Weekly – Trade pressures are up. Volume is bullish. Price has crossed over the 25×5.

Daily –  The trade is Long from 150-10 on the 26th of July. Stops were raised to 154-20. The next target is 159-05 and 160.

Move stops up to 155-15.

A close below 154-17 would signal lower.

[8-11: And now we know why, the Chinese devaluation of the yuan has sent flows to the US bonds. Raise stops to the 158-05 target. Take profits at 160 target. ] [8-12 Update: Trade closed, met the 160 target.]