Name: Jim Wyckoff 
U.S. Dollar Bulls Are Fading Again
CURRENCIES
The June U.S. dollar index is weaker in early trading today. Bulls are fading again. Slow stochastics for the dollar index are neutral early today. The dollar index finds shorter-term technical resistance at the overnight high of 73.50 and then at this week's high of 73.72. Shorter-term support is seen at 73.00 and then at 72.75. Today's key near-term Fibonacci support/resistance level: 72.80. Wyckoff's Intra Day Market Rating: 4.0
The June Euro is firmer in early electronic trading. Euro finds sell stop orders are likely located just below technical support at 1.5450 and then more stops just below support at the overnight low of 1.5422. Shorter-term technical resistance for the Euro is seen at the overnight high of 1.5519 and then at 1.5550. Buy stops likely reside just above those levels. Slow stochastics for the Euro are bullish early today. Today's key near-term Fibonacci support/resistance level: 1.5583. Wyckoff's Intra Day Market Rating: 6.0
GOLD
Gold is firmer in early dealings today, on short covering after hitting a fresh 3.5-month low late last week. For June gold, shorter-term technical resistance is seen at the overnight high of $881.40 and then at $885.00. Buy stops likely reside just above those levels. Sell stops likely reside just below support at the overnight low of $872.60 and then at $865.00. Today's key near-term Fibonacci support/resistance level: $879.00. Wyckoff's Intra-Day Market Rating: 6.0
CRUDE OIL
Crude oil prices are weaker early today, after setting another fresh all-time high of $120.93 overnight. In June crude, look for buy stops to reside just above resistance at $120.93 and then just above resistance at $122.00. Look for sell stops just below technical support at $119.00, and then more sell stops just below support at $118.00. Today's key near-term Fibonacci support/resistance level: $117.00. Wyckoff's Intra-Day Market Rating: 6.5
GRAINS
Prices were mostly higher in overnight trading. Corn and soybeans were higher and wheat was slightly lower. Grain traders are still watching weather in the U.S. Corn Belt, which is a bit drier and allowing corn planting progress. Bears have near-term momentum in soybeans and wheat, and corn bulls are fading, technically.
