Currency snapshot (commodity pairs)

Dollar index trading at 93.84 (-0.15%)

Strength meter (today so far) – Aussie -0.25%, Kiwi -0.21%, Loonie +0.26%

Strength meter (since last week) – Aussie +0.08%, Kiwi +0.65%, Loonie +0.13%

AUD/USD –

Trading at 0.756

Trend meter –

• Long term – Range/Buy, Medium term – Buy, Short term – Range/Sell

Support –

• Long term – 0.746, Medium term – 0.75, Short term – 0.765 (broken)

Resistance –

• Long term – 0.825, Medium term – 0.8, Short term – 0.78

Economic release today –

• Q3 construction work down up 15.7 percent.

Commentary –

• Aussie is marginally higher this week.

NZD/USD –

Trading at 0.683

Trend meter –

• Long term – Sell, Medium term – Sell, Short term – Range/Sell

Support –

• Long term – 0.66, Medium term – 0.68, Short term – 0.68 (testing)

Resistance –

• Long term – 0.76, Medium term – 0.76, Short term – 0.725

Economic release today –

• Third quarter retail sales report will be published at21:45 GMT.

Commentary –

• Kiwi is consolidating around 0.69-0.68 area and is likely to decline towards 0.64 area. It is the best performer this week.

 USD/CAD –

Trading at 1.274

Trend meter –

• Long term – sell, Medium term – sell, Short term – Range/Buy

Support –

• Long term – 1.2, Medium term – 1.22, Short term – 1.246

Resistance –

• Long term – 1.355, Medium term – 1.32, Short term – 1.28

Economic release today –

• Wholesale sales report for September will be released at 13:30 GMT.

Commentary –

• Loonie recovered earlier loss on Keystone XL pipeline news.

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