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Currency snapshot (commodity pairs)

Dollar index trading at 95.23 (-0.05%)

Strength meter (today so far) - Aussie +0.50%, Kiwi +0.26%, Loonie +0.30%.

Strength meter (since last week) - Aussie -0.35%, Kiwi -0.04%, Loonie -0.70%.

AUD/USD -

Trading at 0.774

Trend meter -

  • Long term - Sell, Medium term - Range, Short term - Range/ Buy support

Support -

  • Long term - 0.60, Medium term - 0.71, Short term - 0.756-0.75

Resistance -

  • Long term - 0.87, Medium term - 0.83, Short term - 0.793-0.796

Economic release today -

  • NIL

Commentary -                                                                               

  • Aussie is down as dollar strengthen. Buying at support is recommended unless support at 0.75 area breaks.

NZD/USD -

Trading at 0.691

Trend meter -

  • Long term - Sell, Medium term - Range, Short term - Range/buy support/sell resistance

Support -

  • Long term - 0.653, Medium term - 0.65, Short term - 0.65

Resistance -

  • Long term - 0.883, Medium term - 0.80-0.805, Short term - 0.737-0.74, Immediate - 0.705

Economic release today -

  • NIL

Commentary -

  • Kiwi rebounds after making hammer in daily chart. However jump could be limited.

USD/CAD -

Trading at 1.234

Trend meter -

  • Long term - Buy, Medium term - Range, Short term - Range/Buy Support

Support -

  • Long term - 1.17, Medium term - 1.1840-1.18, Short term - 1.217-1.213

Resistance -

  • Long term - 1.298-1.315, Medium term - 1.30-1.35, Short term - 1.28. Immediate - 1.25

Economic release today -

  • NIL

Commentary -                                                                                         

  • Canadian dollar is likely to remain sell against dollar, Greek drama might impact the pair ahead of week due to position sizing
  • Market Data
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