Key equity index of Dow Jones Industrials (DJIA) is expected to trade range bound between 11600 to 11200 ranges. Historic correlation between DJIA Vs DX suggests short-term top being posted in the USD and short-term bottom being posted in the Dow, though the major trend still remains range bound with the Dollar Index range bound between 76.00 and 80.00
In NYMEX December Crude is expected to trade range bound between $84.00 and $90.00 for couple of days.
FX Pair Support 2 Support 1 Resistance 1 Resistance 2
EURUSD 1.3580 1.3650 1.3880 1.3960
USDJPY – 76.00 77.40 78.00
GBPUSD 1.5620 1.5660 1.5830 1.5900
USDCHF 0.8610 0.8750 0.8960 0.9065
EURJPY 103.90 105.00 106.45 107.50
AUDUSD 1.0050 1.0145 1.0340 1.0400
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