‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem 
Banking scandal rocks Brazil’s politics and the country’s presidential election in October 
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
Europe can’t achieve space sovereignty alone. Here’s why 
What is Zionism? The different meanings of a contested term 
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 
AI is supercharging money scams – here’s what you can do to protect yourself 
China’s robots can run faster than Usain Bolt – now they are being prepared for war 
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment 
 - EconoTimes)
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Dollar index trading at 96.66 (+0.07%).
Strength meter (today so far) - Euro -0.33%, Franc -0.12%, Yen -0.22%, GBP +0.09%
Strength meter (since last week) - Euro +0.47%, Franc -0.10%, Yen -0.06%, GBP +0.77%
EUR/USD -
Trading at 1.103
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/Buy
Support
- Long term - 1.048-1.036, Medium term - 1.065-1.06, Short term - 1.08-1.085
Resistance -
- Long term - 1.175-1.18, Medium term - 1.155-1.16, Short term - 1.14-1.145, Immediate - 1.125-1.132
Economic release today -
- NIL
Commentary -
- Euro is struggling clearly ahead of FOMC meeting today.
GBP/USD -
Trading at 1.562
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy
Support -
- Long term - 1.425-1.417, Medium term - 1.497-1.49, Short term - 1.518-1.512, Immediate - 1.544-1.54
Resistance -
- Long term - 1.592-1.616, Medium term - 1.595, Short term - 1.572
Economic release today -
- NIL
Commentary -
- Pound traded as high as 1.569 against dollar, before souring towards 1.562 as FOMC closes in.
USD/JPY -
Trading at 123.8
Trend meter -
- Long term - Buy, Medium term - Range/Buy, Short term - Range/Buy
Support -
- Long term - 113.7-112.9, Medium term - 115.7-115, Short term - 119.7, Immediate - 120.7
Resistance -
- Long term - 130, Medium term - 127.5, Short term - 127.5. Immediate - 124.3
Economic release today -
- NIL
Commentary -
- Yen is struggling against dollar ahead of FOMC as risk aversion subsides. Yen might lose to 127 against dollar if support around 121 holds.
USD/CHF -
Trading at 0.963
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy support
Support -
- Long term - 0.88, Medium term - 0.90, Short term - 0.90
Resistance -
- Long term - 1.174, Medium term - 1.025-1.02, Short term - 0.984-0.987
Economic release today -
- NIL
Commentary -
- The pair is likely to reach as high as 0.987 against dollar. However today's FOMC will decide on the mood ahead.
