The budget is full of good news, but good news isn’t the same as good management 
How supermarkets are changing their branding to make you think they’re cheaper 
It’s OK to mow in May − the best way to help pollinators is by adding native plants 
Four ways EU laws affect the daily lives of European citizens today 
Israel’s invasion of Rafah will not eliminate Hamas or end the war. So, what is Benjamin Netanyahu’s plan? 
Exams: seven tips for coping with revision stress 
Latest inflation figures are good news 
Term limits aren’t the answer 
Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity 
From Bridgerton to Grey’s Anatomy, Shonda Rhimes is the queen of romance 
Why banks consider renewable energy to be a riskier investment than fossil fuels 
 - EconoTimes)
Dollar index trading at 99.46 (+0.45%).
Strength meter (today so far) - Euro -0.72%, Franc -0.47%, Yen -0.28%, GBP -0.09%
Strength meter (since last week) - Euro -0.46%, Franc -0.25%, Yen -0.17%, GBP +0.48%
EUR/USD
Trading at 1.068
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 - 1.085 area
Economic release today
- NIL
Commentary
- Euro broke into new low against Dollar, lowest since April. Active call - Euro to drop towards parity.
GBP/USD
Trading at 1.51
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 - 1.572, Immediate - 1.55
Economic release today
- NIL
Commentary
- Pound is best performer today, however still weak compared to Dollar. Further downside likely in Pound. Active call - Sell Pound @1.54 targeting 1.44 area with stop loss around 1.58 area.
USD/JPY
Trading at 123.4
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
- Labor cash earnings grew 0.6% in September from a year ago.
Commentary
- Yen is trapped between stronger Dollar and Risk aversion. Active call - Buy USD/JPY @ 121.9 targeting 123.2, 125, 127, with stop loss around 120, 118.
USD/CHF
Trading at 1.008
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, Immediate -0.95
Resistance
- Long term - 1.174, Medium term - 1.025-1.02, Short term - 1.025
Economic release today
- NIL
Commentary
- Franc is down in line with Euro, however relatively better performer.
