FxWirePro: Daily Commodity Tracker - 21st March, 2022 
 - EconoTimes)
Dollar index trading at 98.85 (+0.52%).
Strength meter (today so far) - Euro -0.57%, Franc -0.74%, Yen -0.24%, GBP -0.21%
Strength meter (since last week) - Euro -0.57%, Franc -0.74%, Yen -0.24%, GBP -0.21%
EUR/USD -
Trading at 1.081
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/buy
Support
- Long term - 0.98, Medium term - 1.02, Short term - 1.048
Resistance -
- Long term - 1.145, Medium term - 1.104, Short term - 1.1
Economic release today -
- Sentix investor confidence rose to 15.7 in December from 15.1 prior.
Commentary -
- Euro is down sharply as investors focus on US FED reserve. Euro downside limited.
GBP/USD -
Trading at 1.507
Trend meter -
- Long term - Buy, Medium term - Range/sell, Short term - Range/buy
Support -
- Long term - 1.46, Medium term - 1.475, Short term - 1.495
Resistance -
- Long term - 1.55, Medium term - 1.54, Short term - 1.532
Economic release today -
- NIL
Commentary -
- Pound giving up some of its post-ECB gains. Active call - Sell Pound @1.54 targeting 1.44 area with stop loss around 1.58 area.
USD/JPY -
Trading at 123.3
Trend meter -
- Long term - Buy, Medium term - Range/Buy, Short term - Range/Buy
Support -
- Long term - 115.5-116.5, Medium term - 118.5, Short term - 120.3
Resistance -
- Long term - 130, Medium term - 128, Short term - 125.4
Economic release today -
- NIL
Commentary -
- Yen is down over stronger Dollar. Active call - Buy USD/JPY @ 121.9 targeting 123.2, 125, 127, with stop loss around 120, 118.
USD/CHF -
Trading at 1.002
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy
Support -
- Long term - 0.905, Medium term - 0.945, Short term - 1.01
Resistance -
- Long term - 1.174, Medium term - 1.07, Short term - 1.035
Economic release today -
- SNB FX reserve rose by 12 billion to $563 billion.
Commentary -
- Franc is worst performer today and this week.
