The dollar index slips back to the support levels finds at 97.00 low made at 97.18 levels. The 38.2 fib levels find at 97.15 and 50.00 finds at 96.50. Resistance seems at 98.00, 99.00 and 99.75-100.00 levels. Some more headroom available.
Dowjones manages to hold the support base finds at 17,900 low made at 17,925 and rebounds to 18k post FOMC statement. At the end of the day(Wednesday), the index closed at 17,956 levels. The 200 Dsma finds at 17,796levels. Alternatively, resistance seems at 18,050
USDMXN- The pair started a counter rally erases 70.00% of the earlier fall. Parallel resistance seems at 19.70 and 20.00. The weekly and daily 100.00fe seems between 20.35 and 20.50 levels.
USDJPY- Post FOMC the price fell back to 103.00 later rebounds to 103.50. Support: 103.00, 102.80 and 102.50 Resistance: 103.50, 104.00 and 104.50/104.60. The 50.0% fib levels entire rise from 100.00 and 105.52 finds at 102.75 levels. Dip to be bought is the best theme.
EURUSD- Sell on rally is the best theme
Potential resistance seems between 1.1130 and 1.1180 levels. Alternatively, support finds at 1.1000 and 1.0950. After U.S election next potential political risk event is Italian Referendum on December 04.
GOLD- The precious metal rebounds 67$ from October lows. Resistance seems between 1303.00 and 1311.00 levels above these 100Dsma seems at 1315.00. The price erased 10$ gains post FOMC closed below 50Dsma.
Support: 1293.00-1290.00, 1285.00 and 1275.00.
Buying zone remains between 1240.00 and 1199.00 levels.
Crude: The Crude oil price slips below 45.00 but rebounds at the end of the day. The price manages to hold the 200Dema finds at 45.40 levels.
Support: 45.00, 44.50 and 44.20-44.00
Resistance: 46.00, 46.50 and 47.35
The selling may accelerates below 44$ to 42$ and 40$ which is a buying zone with a targets at 60$+
AUDUSD: Bullish triangle remains in play. The cross has been facing strong resistance seems at 0.77, 0.7760 and 0.7835. Support finds at 0.7600, 0.7560 and 0.7500. We retain our bullish stance on the cross but ahead of U.S election the strength of the dollar USD may dampen the near-term sentiment. Potential support finds at 0.7400 levels.