Dollar index trading at 96.43 (+0.08%).
Strength meter (today so far) - Euro -0.05%, Franc +0.03%, Yen +0.10%, GBP +0.23%
Strength meter (since last week) - Euro +1.72%, Franc +0.80%, Yen -0.06%, GBP +1.00%
EUR/USD -
Trading at 1.115
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/ Buy
Support
- Long term - 1.048-1.036, Medium term - 1.065-1.06, Short term - 1.08-1.085
Resistance -
- Long term - 1.175-1.18, Medium term - 1.155-1.16, Short term - 1.14-1.145, Immediate - 1.125-1.132
Economic release today -
- Euro zone GDP grew by 0.3% in second quarter, according to flash estimate.
Commentary -
- Euro is the best performer this week, however performance started lagging to end the week.
GBP/USD -
Trading at 1.565
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range
Support -
- Long term - 1.425-1.417, Medium term - 1.497-1.49, Short term - 1.518-1.512, Immediate - 1.544-1.54
Resistance -
- Long term - 1.592-1.616, Medium term - 1.595, Short term - 1.572
Economic release today -
- NIL
Commentary -
- Pound is the best performer today, but still continuing consolidation this week.
USD/JPY -
Trading at 124.2
Trend meter -
- Long term - Buy, Medium term - Range/Buy, Short term - Range/Buy
Support -
- Long term - 113.7-112.9, Medium term - 115.7-115, Short term - 119.7, Immediate - 120.7
Resistance -
- Long term - 130, Medium term - 127.5, Short term - 127.5.
Economic release today -
- NIL
Commentary -
- Yen remains the worst performer this week so far. Yen might lose to 127 against dollar if support around 121 holds.
USD/CHF -
Trading at 0.975
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range
Support -
- Long term - 0.88, Medium term - 0.90, Short term - 0.95
Resistance -
- Long term - 1.174, Medium term - 1.025-1.02, Short term - 0.984-0.987
Economic release today -
- NIL
Commentary -
- SNB remains heavy seller in Franc. USD/CHF has reached our target of 0.987 area.


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