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CURRENCIES:

The June Dollar closed slightly higher due to short covering on Thursday as it consolidates some of the decline off March's high. The mid-range close sets the stage for a steady to higher opening when Friday'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 the 20-day moving average crossing at 90.88 would signal that a short-term low has been posted. If June renews the decline off March's high, the 87% retracement level of the February-March-rally crossing 89.71 is the next downside target. First resistance is the 20-day moving average crossing at 90.88. Second resistance is the 50-day moving average crossing at 91.67. First support is Tuesday's low crossing 89.96. Second support is the 87% retracement level of the February-March-rally crossing 89.71.

The June Euro closed lower on Thursday. The mid-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 119.73 would signal that a short-term top has been posted. If June extends the rally off March's low, the 75% retracement level of the January-March-decline crossing at 122.27 is the next upside target. First resistance is Tuesday's high crossing at 121.90. Second resistance is the 75% retracement level of the January-March-decline crossing at 122.27. First support is the 20-day moving average crossing at 120.80. Second support is the 50-day moving average crossing at 119.73.

The June British Pound closed lower on Thursday as it consolidates some of the rally off April's low. The mid-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 1.3876 would confirm that a short-term top has been posted. If June resumes this week's rally, February's high crossing at 1.4245 is the next upside target. First resistance is Tuesday's high crossing at 1.4167. Second resistance is February's high crossing at 1.4245. First support is the 10-day moving average crossing at 1.3981. Second support is the 20-day moving average crossing at 1.3946.

The June Swiss Franc closed higher on Thursday. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 1.0986 would signal that a short-term top has been posted. If June extends the rally off April's low, the 75% retracement level of the January-April-decline crossing at 1.1233 is the next upside target. First resistance is the 62% retracement level of the January-April-decline crossing at 1.1117. Second resistance is the 75% retracement level of the January-April-decline crossing at 1.1233. First support is the 20-day moving average crossing at 1.0986. Second support is the 50-day moving average crossing at 1.0857.

The June Canadian Dollar closed lower on Thursday as it consolidated some of the rally off April's low. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If June extends the aforementioned rally, the May-2015 high crossing at 83.66 on the monthly continuation chart is the next upside target. Closes below the 20-day moving average crossing at 81.17 would signal that a short-term top has been posted. First resistance is Wednesday's high crossing at 83.02. Second resistance is the May-2015 high crossing at 83.66. First support is the 10-day moving average crossing at 82.03. Second support is the 20-day moving average crossing at 81.17.

The June Japanese Yen closed higher on Thursday. The high-range close sets the stage for a steady to higher opening when Friday'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 the decline off April's high, the April-9th low crossing at 0.0910 is the next downside target. If June renews the rally off March's low, the 50% retracement level of the January-March-decline crossing at 0.0939 is the next upside target. First resistance is the 38% retracement level of the January-March-decline crossing at 0.0930. Second resistance is the 50% retracement level of the January-March-decline crossing at 0.0939. First support is the April-9th low crossing at 0.0910. Second support is March's low crossing at 0.0918.