Dollar remains soft in early US session as consolidations continues. Strength in gold is giving some pressure to the greenback as the precious metal is holding firm above 1100 level.
In addition, crude oil is support by rally in equities and is staying above 78 level. Note that the strength of the rebound from 68.95 has sent crude oil well above 55 days EMA and argue that prior high at 82.0 made in October is not the top yet.
Current rally in crude oil might extend beyond 82.0 level and provide some pressure on the greenback in near term.
Sent from my BlackBerry®
powered by Sinyal Kuat INDOSAT
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment
Silahkan Tinggalkan Komentar Anda, Dengan Senang Hati Kami Akan SEGERA Menjawabnya. Tapi mohon bersabar yaa jika Kami terlambat menjawab..