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