 There is no apparent slow down in rally in commodity currencies against Dollar, even though risk markets turned mixed in Asian session. Australian Dollar continues to lead the way higher. Canadian Dollar is also firm as WTI oil price breach 42 handle. On the other hand, Dollar, Yen, and to a lesser extent Swiss Franc, are suffering heavy pressure. Euro does edge out a new high against Dollar through a key medium term resistance level. But the common currency is overall just mixed. Technically, EUR/USD's break of 1.1496 resistance carries medium term bullish implication. We'd see if the pair could sustain above this level. EUR/JPY is still on track to test 124.43 near term top. Break will resume the whole rally from 114.42. This development would at least solidify Euro's resilience in case of further risk market rallies. Gold has already match the 1864 projection target as mentioned here. Next would be 1920 record high. In Asia, currently, Nikkei is down -0.46%. Hong Kong HSI is up 0.08%. China Shanghai SSE is up 1.20%. Singapore Strait Times is down -0.84%. Japan 10-year JGB yield is down -0.0018 at 0.014. Overnight, DOW rose 0.60%. S&P 500 rose 0.17%. NASDAQ dropped -0.81%. 10-year yield dropped -0.013 to 0.607. | 
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