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Currency snapshot (major pairs)

Dollar index trading at 96.10 (-0.03%)

Strength meter (today so far) – Euro -0.06%, Franc -0.32%, Yen +0.18%, GBP +0.17%

Strength meter (since last week) – Euro -0.65%, Franc -1.12%, Yen -0.44%, GBP +0.62%

EUR/USD –

Trading at 1.139

Trend meter –

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

Support          

  • Long term – 1.10, Medium term – 1.12, Short term – 1.123

Resistance –

  • Long term – 1.22, Medium term – 1.18, Short term – 1.153

Economic release today –

  • CPI inflation up 1.6 percent y/y in December, and core inflation up 1 percent.

      Commentary –

  • The euro is down this week, as European data disappoints. The focus is on Brexit news flow. Active Call - Sell Euro at 1.218 with 1.17 as target; target revised lower to 1.095 area.

GBP/USD –

Trading at 1.291

Trend meter –

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

Support –

  • Long term – 1.23, Medium term – 1.25, Short term – 1.268

Resistance –

  • Long term – 1.35 Medium term – 1.337, Short term – 1.326

Economic release today –

  • NIL

Commentary –

  • The pound is slightly higher this week, with focus on Brexit news flow. Active call-  short term sell at 1.413 targeting 1.375 (target reached); extended to 1.354 (target reached); extended to 1.25 and 1.21

USD/JPY –           

Trading at 108.9

Trend meter -

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

Support –

  • Long term – 106.2, Medium term – 109.2, Short term – 111 (broken)

Resistance –

  • Long term – 117, Medium term – 114, Short term – 114

Economic release today –

  • National inflation report will be released at 23:30 GMT.

Commentary –

  • The yen is steadily weakening since the sharp rise two weeks ago.

USD/CHF –

Trading at 0.993

Trend meter –

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

Support –

  • Long term – 0.92, Medium term – 0.95, Short term – 0.97

Resistance –

  • Long term – 1.03, Medium term – 1.00, Short term – 1.00

Economic release today –

  • NIL

Commentary –

  • Franc is the worst performer of the week.

 

 

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April 19 12:30 UTC Released

USHouse Starts MM: Change

Actual

-0.3 %

Forecast

Previous

-8.7 %

April 19 12:30 UTC Released

USHousing Starts Number MM

Actual

1.139 Mln

Forecast

1.23 Mln

Previous

1.162 Mln

January 31 00:00 UTC 638842638842m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 638842638842m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 650662650662m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 638842638842m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 650662650662m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 638842638842m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 638842638842m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 638842638842m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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