Dollar index trading at 95.16 (-0.38%).
Strength meter (today so far) - Euro +0.53%, Franc -0.22%, Yen -0.11%, GBP -0.09%
Strength meter (since last week) - Euro +1.76%, Franc -0.12%, Yen -1.26%, GBP +1.73%
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
Resistance -
- Long term - 1.175-1.18, Medium term - 1.14, Short term - 1.132 (broken), Immediate - 1.122 (broken)
Economic release today -
- NIL
Commentary -
- Euro gained further ground ahead of FOMC next week as FED is expected to keep policy steady.
GBP/USD -
Trading at 1.544
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Sell
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 - 1.543-1.545
Economic release today -
- Consumer inflation expectations dropped to 2% in August from 2.2% prior.
Commentary -
- Pound is hovering just below key resistance area around 1.55 area.. Active call - Sell Pound targeting 1.44 area with stop loss around 1.58 area.
USD/JPY -
Trading at 120.6
Trend meter -
- Long term - Buy, Medium term - Range/Buy, Short term - Range/
Support -
- Long term - 113.7-112.9, Medium term - 115.7-115, Short term - 118
Resistance -
- Long term - 130, Medium term - 127.5, Short term - 124.5
Economic release today -
- NIL
Commentary -
- Yen is the worst performer this week, failing to gain over equity sell offs. Active call - Sell USD/JPY targeting 114.7 area with stop loss around 122
USD/CHF -
Trading at 0.972
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 -
- NIL
Commentary -
- Franc is likely to weaken further as SNB keeps selling Franc especially against Euro.


Europe can’t achieve space sovereignty alone. Here’s why
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?
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment
1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
China’s robots can run faster than Usain Bolt – now they are being prepared for war
Physicists zoom into the birth of cosmic rainstorms with new CERN study
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 



