AUD/USD is trading at 0.75325, 0.07% up since Friday. The slight buying momentum can be seen in Aussie on Monday post release of Retail Sales data which grew by 0.4% from 0.1% in the previous month. This outweighed the negative effect of weaker AIG Construction Index & Building Approvals figures.   Besides this, the rising number of Covid-19 cases in the country; leading to lockdown phase in few regions weakened the Aussie last week. Globally, the calmness over early U.S interest rate hike by FOMC makes the other currencies bullish to some extent. As seen in the chart, the pair reversed up after testing lower trend-lien of channel pattern & hence, slight buying momentum may be recommended further.

Natural Gas is trading at $3.736, 0.23% up since the previous close. The commodity seems to be forming recent highs around $3.80 levels since last few weeks amid growing consumption demand against the steady supplies. The recent Energy Information Administration (EIA) report showed a fall in Natural Gas inventory levels by 76B higher than expectation 68B which rallied the prices widely. The change in climatic conditions in U.S & European regions further raises the demand of heating fuels. As seen in the chart, the Natural gas showed a strong breakout above the major resistance level of ‘e’ & hence, buying on corrective dips may be recommended further.

US30 is trading at 34661, 0.10% up since the previous day close. The higher levels can be seen in US30 after U.S posted better than expected NFP data which lowers down the chances of early interest rate hike as mentioned by Fed in its previous meeting. An actual Jobs figure rose by 850K higher than previous figure 583K which showed an improvement in labor sector amid progressive Covid-9 vaccine supplies & global recovery. Besides this, the U.S President Joe Biden announced an infrastructural deal worth $579 billion to boost up the U.S labor sector which turned out to be positive for US30. As seen in the chart, the US30 successfully reversed upside from previous lows & is on the verge crossing over the trend-line which strongly indicates buying on dips strategy.