Dollar index trading at 96.38 (+0.31%)
Strength meter (today so far) - Aussie -0.01%, Kiwi -0.13%, Loonie -0.07%.
Strength meter (since last week) - Aussie -0.63%, Kiwi -1.12%, Loonie +0.46%.
AUD/USD -
Trading at 0.737
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/Sell
Support -
- Long term - 0.60, Medium term - 0.71, Short term - 0.71-0.715
Resistance -
- Long term - 0.87, Medium term - 0.83, Short term - 0.78, Immediate - 0.75
Economic release today -
- NIL
Commentary -
- Aussie remains stagnant below0.74 mark to end the week. Active call - Sell Aussie with stop around 0.785 and 0.825 to target 0.715, 0.70 and 0.65.
NZD/USD -
Trading at 0.655
Trend meter -
- Long term - Sell, Medium term - Range/sell, Short term - Range/sell
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 is the worst performer this week and likely to fall further.
USD/CAD -
Trading at 1.307
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy
Support -
- Long term - 1.17, Medium term - 1.217, Short term - 1.265
Resistance -
- Long term - 1.32, Medium term - 1.315-1.32, Short term - 1.32
Economic release today -
- Manufacturing shipments rose by 1.2% in June.
Commentary -
- Canadian Dollar might rise against Dollar in the short term, if oil bounce back. Active call - Canadian dollar remains sell against dollar, the pair might reach as high as 1.38.


Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it?
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown
Europe can’t achieve space sovereignty alone. Here’s why
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem
Who should own the knowledge that underpins AI technology?
Banking scandal rocks Brazil’s politics and the country’s presidential election in October
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat?
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 



