Currency snapshot (commodity pairs)

Dollar index trading at 95.33 (-0.07%)

Strength meter (today so far) - Aussie +0.12%, Kiwi -0.06%, Loonie -0.02%.

Strength meter (since last week) - Aussie +0.12%, Kiwi -0.06%, Loonie -0.02%.

AUD/USD -

Trading at 0.766

Trend meter -

• Long term - Sell, Medium term - Range, Short term - Range

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 bounced back from support area. Greek tension failed to break the level so far.

NZD/USD -

Trading at 0.683

Trend meter -

• Long term - Sell, Medium term - Range, Short term - Range/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 isn't much of a mover in Greek crisis.

USD/CAD -

Trading at 1.238

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 -

• Industrial product price grew 0.5% m/m in May.
• Raw material price index rose 4.4% in May.

Commentary -                                                                                         

• Loonie gained ground as Dollar faced large scale sell offs today.