Dollar index trading at 96.80 (+0.22%).
Strength meter (today so far) - Euro -0.29%, Franc -0.11%, Yen -0.05%, GBP -0.35%
Strength meter (since last week) - Euro -0.29%, Franc -0.11%, Yen -0.05%, GBP -0.35%
EUR/USD -
Trading at 1.107
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 trade balance for June came at €21.9 billion.
Commentary -
- Euro's top performance over the last week, soured on Friday and Euro continued its drop.
GBP/USD -
Trading at 1.559
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 worst performer after initial rise were halted around 1.569 resistance area.
USD/JPY -
Trading at 124.4
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 -
- Preliminary reading showed -.0.04% contraction in second quarter.
Commentary -
- Yen is trading in small range of 124.2-124.5 today. Yen might lose to 127 against dollar if support around 121 holds.
USD/CHF -
Trading at 0.977
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 -
- Pair is consolidating below key resistance of 0.985 area.


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