Market Commentary -
US DX
92.210 -0.105 -0.14%
The US strongly overbought but yet extending its rally to within touching distance of the next target 94.32.
EUR/ USD
1.17902 -0.00339 -0.29%
EUR/USD more woe as the slide continues and looking to test the 117.61 and 116.61 but looking oversold now.
Crude Oil
49.12 +0.33 +0.68%
The CL has a slightly higher close due to nervous short covering by traders. The short run has all but run out of steam and a new benchmark seems to have established itself firmly with strong big on anything at 45. Strong bids on physicals at the 40-45 region.
Gold
1208.020 -1.890 -0.16%
Gold closes slightly lower as the rally seems to be consolidates and the market looks for new direction with traders on the side waiting opportunity for a new momentum up or down.
Pieter Bergli - DeLoren Trust Holdings
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