Historic correlation between DX Vs DJIA suggests the long-term trend is still dollar bearish till the Dollar Index is not closing above 84.50 on monthly basis. Even the medium term trend has turned bearish after the Dollar Index breached 81.00 ranges and with immediate support seen in 78.70-78.20 ranges.
NYMEX Crude unable to sustain above $93.20 ranges which is acting as short term resistance is trading weak at $90.10. Short term trend is weak and may test $87.15 ranges with $94.10 range still acting as resistance.
USDJPY Sideways 78.40 78.00 77.50 77.00
GBPUSD Sideways 1.6230 1.6200 1.6130 1.6090
USDCHF Sideways 0.9430 0.9410 0.9330 0.9300
EURJPY Sideways 101.00 100.45 99.50 99.20
AUDUSD Sideways-Up 1.0430 1.0410 1.0330 1.0300
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