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 - EconoTimes)
Dollar index trading at 98.94 (+0.10%)
- Strength meter (today so far) - Aussie -0.18%, Kiwi -0.33%, Loonie -0.37%.
- Strength meter (since last week) - Aussie +1.12%, Kiwi +0.09%, Loonie -0.24%.
AUD/USD trading at 0.712
Trend meter
- Long term - Sell, Medium term - Sell, Short term - Range/Sell
Support
- Long term - 0.60, Medium term - 0.69, Short term - 0.7
Resistance
- Long term - 0.82, Medium term - 0.785 -0.79, Short term - 0.74
Economic release today
- NIL
Commentary
- Aussie remains best performer of the week, thanks to better job gains in October.
NZD/USD trading at 0.653
Trend meter
- Long term - Sell, Medium term - Range/sell, Short term - Range/Sell
Support
- Long term - 0.56, Medium term - 0.625, Short term - 0.65
Resistance
- Long term - 0.77, Medium term - 0.725, Short term - 0.68
Economic release today
- NIL
Commentary -
- Kiwi is hovering around key support at 0.65 area, however further downside likely.
USD/CAD trading at 1.333
Trend meter
- Long term - Buy, Medium term - Range, Short term - Range
Support
- Long term - 1.19, Medium term - 1.28, Short term - 1.303,
Resistance
- Long term - 1.38, Medium term - 1.35, Short term - 1.34
Economic release today
- NIL
Commentary
- Canadian Dollar lost grounds over drop in oil prices and stand as the worst performer of the week among commodity pairs.
