Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Currency snapshot (commodity pairs)

Dollar index trading at 89.82 (+0.12%)

Strength meter (today so far) – Aussie -0.08%, Kiwi -0.27%, Loonie +0.24%

Strength meter (since last week) – Aussie -0.77%, Kiwi -1.00%, Loonie -1.07%

AUD/USD –

Trading at 0.783

Trend meter –

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

Support –

  • Long term – 0.746, Medium term – 0.765, Short term – 0.765

Resistance –

  • Long term – 0.85, Medium term – 0.825, Short term – 0.8

Economic release today –

  • NIL

Commentary –

  • Aussie gave up earlier gain and now, down for the week as the dollar recovers. Active call - Buy targeting 0.87

NZD/USD -

Trading at 0.73

Trend meter –

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

Support –

  • Long term – 0.68, Medium term – 0.69, Short term – 0.71

Resistance –

  • Long term – 0.76, Medium term – 0.735, Short term – 0.735 (testing)

Economic release today –

  • Fourth quarter retail sales report will be released at 21:45 GMT.

Commentary –

  • Kiwi is the best performer for the week but down against the dollar.

 USD/CAD –

Trading at 1.268

Trend meter –

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

Support –

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

Resistance –

  • Long term – 1.3, Medium term – 1.28, Short term – 1.25 (broken)

Economic release today –

  • NIL

Commentary –

  • Loonie is the worst performer of the week.

 

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.