Key equity index, Dow Jones Industrials (DJIA) has broken important trend line support at 12200 ranges on Friday, June 03,2011 to currently trade at 11922 ranges; 11600-11700 ranges is expected to act as final support for DJIA. Historic correlation between DJIA Vs DX suggests sideways stronger USD for few trading session till the Dow takes support at 11600 ranges.
NYMEX July Crude closed below important support of $95.00 to currently trade at $91.70, first support is seen a2 $91.00 and next at $88.00.
FX Pair Support 2 Support 1 Resistance 1 Resistance 2
EURUSD 1.4070 1.4200 1.4300 1.4360
USDJPY 79.45 79.80 80.50 81.30
GBPUSD 1.6020 1.6090 1.6220 1.6260
USDCHF 0.8435 0.8460 0.8555 0.8620
EURJPY 112.00 113.45 114.95 115.30
AUDUSD 1.0430 1.0490 1.0580 1.0640
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