By CountingPips.com
The US dollar has been mixed in forex trading against the major currencies today as oil’s sharp rise and stock market declines have cooled off. The dollar has gained ground versus the euro, Swiss franc and the British pound sterling while the American currency is trading lower against the Japanese yen, Australian dollar, New Zealand dollar 
and the Canadian dollar.
The US stock markets are having a winning session today with the Dow Jones gaining by over 50 points, the Nasdaq increasing over 30 points and the S&P 500 up by more than 10 points.
In commodities, oil’s run has cooled off today and trades almost unchanged at the $97.15 per barrel level while gold futures have lost $8.20 to trade at the $1,407 per ounce level.
EUR/USD Daily Chart – The dollar has been gaining ground against the European common currency with the EUR/USD falling below the 1.3800 exchange rate after three straight days of gains. The EUR/USD reached its highest level yesterday since the beginning of the month at the 1.3837 exchange rate and may possibly test the February 1st high of 1.3861 in next week’s trading.
Pivot Levels:
Daily pivot: 1.3788
weekly pivot: 1.3617
monthly pivot: 1.3579
