Currency snapshot (commodity pairs)

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.