The benchmark equity index of the Dow Jones has managed to close above the recent high of 13300+ ranges to currently trade at 13540; 2007 highs of 14200 may again act as critical resistance zone before new rally resumes. Historic correlation between DX Vs DJIA is signifying USD bearishness in long-term, till monthly closing is not above 84.50; short term support is seen at 78.00-78.60.
NYMEX Crude also climbed up like other assets on the event of the Dollar falling again. Currently it is trading at $99.60 and seems to be heading towards $100.60 and next $102.00.
USDJPY 77.00 77.40 77.80 78.00
GBPUSD 1.6080 1.6130 1.6250 1.6280
USDCHF – 0.9320 0.9380 0.9410
EURJPY 100.00 100.20 101.30 101.80
AUDUSD 1.0470 1.0540 1.0600 1.0630
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