U.S Dollar traded mixed against the major pairs, appreciating against the Cable, where as depreciated by more than 50pips against the Common Currency; and traded stable against the Japanese Yen. Japanese Yen is showing signs of consolidation against the Greenback and the Euro after previous week volatility.
Historic correlation between the Dow Jones Industrial Average (DJIA) and the Dollar Index (DX) is not witnessed due the non-homogeneous trading in the U.S Dollar against the DX components, especially the EURUSD, USDJPY and GBPUSD.
NYMEX Crude May basis is trading stable around $105.50 ranges after finding support at $102 ranges during this week.
FX Pair Support 2 Support 1 Resistance 1 Resistance 2
EURUSD 1.4000 1.4040 1.4205 1.4225
USDJPY 80.00 80.50 81.60 82.30
GBPUSD 1.5990 1.6175 1.6186 1.6224
USDCHF 0.9003 0.9030 0.9135 0.9184
EURJPY 113.00 113.85 116.31 116.64
AUDUSD 1.0080 1.0140 1.0225 1.0300
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