Dow has overcome the losses and now is trading higher. At the moment it is facing the resistance the break above which will signal a continuing growth. Anyway the chances are quite high. Oil remains strong. Terrorist attacks on Israel add more pressure to already existing concerns about the turmoil in the Middle East. So the Oil is in its strong bearish trend. Gold has risen further. The resistance is at 1450. If not overcome the price will most likely go down a bit. The silver is up as well as the mentioned commodities.
EUR/USD has declined after a few days upward trend. There is a support at 1.4050 so most probably it won’t fall any longer. An abrupt bouncing back is not anticipated so we expect is to fluctuate with an uncertain bias.
USD/JPY is trading with a low volatility. The general outlook is bullish though the growth if occurs is expected to be insignificant.