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CURRENCIES

The June Dollar closed higher on Friday and above the 10-day moving average crossing at 100.26 signaling that a short-term low has been posted. The mid-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If June extends the rally off last-Friday's low, March's high crossing at 103.96 is the next upside target. Closes below the 50-day moving average crossing at 98.61 would open the door for a larger-degree decline. First resistance is today's high crossing at 100.97. Second resistance is March's high crossing at 103.96. First support is the 50-day moving average crossing at 98.61. Second support is the 61% retracement level of March's rally crossing at 98.14.

The June Euro closed lower on Friday as it extends this week's decline. The mid-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If June extends this week's decline, March's low crossing at 106.71 is the next downside target. Closes above the 50-day moving average crossing at 110.52 would confirms that a short-term low has been posted. First resistance is the March 27th high crossing at 111.88. Second resistance is the March 16th high crossing at 112.78. First support is today's low crossing at 107.96. Second support is March's low crossing at 106.71.

The June British Pound closed lower on Friday as it consolidates above the 20-day moving average crossing at 1.2243. The mid-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If June extends the rally off March's low, the 50-day moving average crossing at 1.2700 is the next upside target. Closes below the 10-day moving average crossing at 1.2190. First resistance is the 50% retracement level of the December-March-decline crossing at 1.2505. Second resistance is the 50-day moving average crossing at 1.2700. First support is the 10-day moving average crossing at 1.2190. Second support is March's low crossing at 1.1438.

The June Swiss Franc closed lower on Friday as it extended this week's decline. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If June extends this week's decline, March's low crossing at 1.0138 is the next downside target. Closes above the 20-day moving average crossing at 1.0446 would confirm that a short-term low has been posted. First resistance is the March 30th high crossing at 1.0566. Second resistance is the March 16th high crossing at 1.0698. First support is today's low crossing at 1.0236. Second support is March's low crossing at 1.0138.

The June Canadian Dollar closed slightly higher on Friday. The mid-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above last-Friday's high crossing at 71.89 would open the door for a larger-degree rally into early-April. If June renews the decline off January's high, the January-2016 low on the monthly continuation chart crossing at 68.09 is the next downside target. First resistance is last-Friday's high crossing at 71.89. Second resistance is the 50% retracement level of the January-March-decline crossing at 72.71. First support is March's low crossing at 68.20. Second support is the January-2016 low on the monthly continuation chart crossing at 68.09.

The June Japanese Yen closed lower on Friday as it extends this week's trading range. The mid-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If June extends the rally off March's low, long-term resistance crossing at 0.0942 is the next upside target. Closes below the 10-day moving average crossing at 0.0921 would confirm that a short-term top has been posted. First resistance is long-term resistance crossing at 0.0942. Second resistance is March's high crossing at 0.0992. First support is March's low crossing at 0.0900. Second support is February's low crossing 0.0897.