Currency snapshot (major pairs)

Dollar index trading at 95. 37 (-0.21%).

Strength meter (today so far) - Euro +0.33%, Franc +0.59%, Yen -0.01%, GBP -0.10%

Strength meter (since last week) - Euro +0.64%, Franc +0.35%, Yen -0.04%, GBP +0.92%

EUR/USD -

Trading at 1.127

Trend meter -

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

Support

• Long term - 1.048-1.036, Medium term - 1.065-1.06, Short term - 1.08-1.085, Immediate - 1.109

Resistance -

• Long term - 1.175-1.18, Medium term - 1.15, Short term - 1.132

Economic release today -

• NIL.

Commentary -

• Euro is struggling to break free of 1.132 resistance area, trading in tight consolidation, and focus on FOMC minutes.

GBP/USD -

Trading at 1.53

Trend meter -

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

Support -

• Long term - 1.425-1.417, Medium term - 1.497-1.49, Short term - 1.518-1.512,

Resistance -

• Long term - 1.592-1.616, Medium term - 1.585, Short term - 1.572, immediate - 1.55

Economic release today -

• BOE kept rates on hold.

Commentary -

• Pound dropped after BOE members sounded more cautious at this month's monetary policy statement and minutes.. Active call - Sell Pound targeting 1.44 area with stop loss around 1.58 area.

USD/JPY -                      

Trading at 119.95

Trend meter -

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

Support -

• Long term - 113.7-112.9, Medium term - 116-115, Short term - 118.6

Resistance -

• Long term - 130, Medium term - 126, Short term - 121.7, Immediate - 120.5

Economic release today -

• Eco watchers survey for current dropped to 47.5 from 49.3, while

Commentary -

• Yen is focused on FOMC minutes for further cues. Active call - Sell USD/JPY targeting 114.7 area with stop loss around 122.

USD/CHF -                                                                                         

Trading at 0.967

Trend meter -

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

Support -

• Long term - 0.88, Medium term - 0.90, Short term - 0.93

Resistance -

• Long term - 1.174, Medium term - 1.025-1.02, Short term - 0.984-0.987

Economic release today -

• Unemployment rate rose to 3.4% in September.

Commentary -

• Franc is up with SNB reducing intervention.. Active Call - Buy USD/CHF with target around 1.03 area and stop around 0.95 area.