Dollar index trading at 98.81 (+0.11%).
Strength meter (today so far) - Euro -0.22%, Franc -0.23%, Yen -0.16%, GBP -0.33%
Strength meter (since last week) - Euro -0.22%, Franc -0.23%, Yen -0.16%, GBP -0.33%
EUR/USD -
Trading at 1.062
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 - 1.08 area
Economic release today -
- Euro Zone PMI came at 54.6 services and 52.8 for manufacturing.
Commentary -
- Euro grinding lower as ECB is closing in, scheduled next week. Active call - Euro to drop towards parity.
GBP/USD -
Trading at 1.513
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 (broken)
Economic release today -
- NIL
Commentary -
- Pound is continuing its drop after Friday's mega selloff, worst performer today. Active call - Sell Pound @1.54 targeting 1.44 area with stop loss around 1.58 area.
USD/JPY -
Trading at 123
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 relatively better performer, as commodities sell-offs raising some concerns Active call - Buy USD/JPY @ 121.9 targeting 123.2, 125, 127, with stop loss around 120, 118.
USD/CHF -
Trading at 1.02
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 slowly grinding towards target around 1.03 area.


Europe can’t achieve space sovereignty alone. Here’s why
Banking scandal rocks Brazil’s politics and the country’s presidential election in October
1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
Who should own the knowledge that underpins AI technology?
Physicists zoom into the birth of cosmic rainstorms with new CERN study
AI is supercharging money scams – here’s what you can do to protect yourself
What is Zionism? The different meanings of a contested term
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 



