CURRENCIES

The June U.S. dollar index is near steady in early trading today and hit a fresh four-week low overnight. Slow stochastics for the dollar index are neutral early today. The dollar index finds shorter-term technical resistance at the overnight high of 72.20 and then at 72.50. Shorter-term support is seen at the overnight low of 71.93 and then at 71.70. Today's key near-term Fibonacci support/resistance level: 72.20. Wyckoff's Intra Day Market Rating: 4.5

The June Euro is near steady in early electronic trading, and hit a fresh four-week high overnight. Euro finds sell stop orders are likely located just below technical support at 1.5700 and then just below support at 1.5650. Shorter-term technical resistance for the Euro is seen at the overnight high of 1.5796 and then at 1.5850. Buy stops likely reside just above those levels. Slow stochastics for the Euro are neutral early today. Today's key near-term Fibonacci support/resistance level: 1.5708. Wyckoff's Intra Day Market Rating: 5.5

GOLD

Gold is weaker in early dealings today after hitting a fresh four-week high overnight. For June gold, shorter-term technical resistance is seen at the overnight high of $935.40 and then at $940.00. Buy stops likely reside just above those levels. Sell stops likely reside just below support at $920.00 and then at $915.00. Today's key near-term Fibonacci support/resistance level: $914.50. Wyckoff's Intra-Day Market Rating: 5.0

GRAINS

Prices were higher in overnight trading. Traders will examine this morning's weekly USDA export sales data. But more importantly, grain traders will continue to focus on the key "outside markets"--crude oil, gold and the value of the U.S. dollar today. These outside markets are in a bullish posture again early today. The funds are poised to produce a fresh influx of cash into the grain markets, with crude oil prices now pushing above $135.00 a barrel.