Dollar index trading at 99.12 (+0.61%).
Strength meter (today so far) - Euro -0.82%, Franc -0.80%, Yen +0.27%, GBP -0.12%
Strength meter (since last week) - Euro -0.15%, Franc -0.44%, Yen +0.17%, GBP +1.10%
EUR/USD trading at 1.072
Trend meter
- Long term - Buy, Medium term - Range, Short term - Range/Sell
Support
- Long term - 1.048-1.036, Medium term - 1.065-1.06, Short term - 1.06
Resistance
- Long term - 1.175-1.18, Medium term - 1.15, Short term - 1.11, immediate - 1.085 area
Economic release today
- Euro zone GDP grew 0.3% in third quarter.
Commentary
- Euro faced sharp sell-offs from 1.08 resistance area.Active call - Euro to drop towards parity.
GBP/USD trading at 1.521
Trend meter
- Long term - Buy, Medium term - Range/sell, Short term - Range/Sell
Support
- Long term - 1.425-1.417, Medium term - 1.497-1.49, Short term - 1.5
Resistance
- Long term - 1.592-1.616, Medium term - 1.585, Short term - 1.55, Immediate - 1.53
Economic release today
- UK RICS house price balance rose to 49 in October.
Commentary
- Pound is best performer this week so far. Upside target area reached. Active call - Sell Pound @1.54 targeting 1.44 area with stop loss around 1.58 area.
USD/JPY trading at 122.9
Trend meter
- Long term - Buy, Medium term - Range/Buy, Short term - Range/Buy
Support
- Long term - 113.7-112.9, Medium term - 116-115, Short term - 119.5
Resistance
- Long term - 130, Medium term - 126, Short term - 123.5
Economic release today
- NIL
Commentary
- Yen is consolidating around 123, trapped between stronger Dollar and Risk aversion, initially gaining on risk aversion today but gave up gains on strong Dollar. Active call - Buy USD/JPY @ 121.9 targeting 123.2, 125, 127, with stop loss around 120, 118.
USD/CHF trading at 1.009
Trend meter
- Long term - Buy, Medium term - Range, Short term - Range/Buy
Support
- Long term - 0.88, Medium term - 0.93, Short term - 0.95, Immediate -0.98
Resistance
- Long term - 1.174, Medium term - 1.025-1.02, Short term - 1.025
Economic release today
- NIL
Commentary
- Franc is the worst performer of the week so far. Further upside for the pair seems likely.


Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat?
Who should own the knowledge that underpins AI technology?
Physicists zoom into the birth of cosmic rainstorms with new CERN study
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
AI is supercharging money scams – here’s what you can do to protect yourself 



