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CURRENCIES
The September Dollar closed lower on Thursday as it extended the decline off May's high. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends this month's decline, May's low crossing at 92.00 is the next downside target. Closes above the 20-day moving average crossing at 94.48 would confirm that a short-term low has been posted. First resistance is the reaction high crossing at 95.53. Second resistance is June's high crossing at 95.91. First support is today's low crossing at 93.02. Second support is May's low crossing at 92.00.
The September Euro closed higher on Thursday. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 114.53 are needed to confirm that a short-term low has been posted. If September renews the decline off June's high, May's low crossing at 111.40 is the next downside target. First resistance is the reaction high crossing at 114.53. Second resistance is May's high crossing at 116.65. First support is the 50% retracement level of the December-May-rally crossing at 111.69. Second support is the 62% retracement level of the December-May-rally crossing at 110.52.
The September British Pound closed higher on Thursday as it extends the rally off June's low. The mid-range close sets the stage for a steady opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off last Thursday's low, the 38% retracement level of the 2014-2016-decline crossing at 1.5049 is the next upside target. Closes below the 10-day moving average crossing at 1.4427 would confirm that a short-term top has been posted. First resistance is today's high crossing at 1.4954. Second resistance is the 38% retracement level of the 2014-2016-decline crossing at 1.5049. First support is Monday's gap crossing at 1.4398. Second support is June's low crossing at 1.4021.
The September Swiss Franc closed slightly higher on Thursday while extending the rally off May's low. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends this month's rally, the reaction high crossing at 1.0600 is the next upside target. Closes below the 20-day moving average crossing at 1.0359 would confirm that a short-term top has been posted. First resistance is the reaction high crossing at 1.0600. Second resistance is May's high crossing at 1.0650. First support is the reaction low crossing at 1.0376. Second support is the 20-day moving average crossing at 1.0359.
The September Canadian Dollar closed slightly higher on Thursday. However, the low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If September renews the rally off May's low, May's high crossing at 80.18 is the next upside target. Closes below last Thursday's low crossing at 76.43 are needed to confirm that a short-term top has been posted. First resistance is June's high crossing at 79.02. Second resistance is May's high crossing at 0.8018. First support is last Thursday's low crossing at 76.43. Second support is May's low crossing at 75.87.
The September Japanese Yen closed lower on Thursday and below the 10-day moving average crossing at 0.9533 hinting that a short-term top might be in or is near. The low-range close sets the stage for a steady to lower opening when Froday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at .9396 are needed to confirm that a short-term top has been posted. If September renews this year's rally, the July-2014 high crossing at 1.0070 is the next upside target. First resistance is last Thursday's high crossing at .9690. Second resistance is the July-2014 high crossing at 1.0070. First support is the 20-day moving average crossing at .9396. Second support is the reaction low crossing at .9298.
| # | Symbol | Description | Open | High | Low | Last | Change | % | Vol | Score | Triangles | |
| 1. | EURSEK | Euro/Swedish Krona | 9.45758 | 9.58710 | 9.40745 | 9.46250 | +0.00492 | +0.05% | +90 |    |  | |
| 2. | USDEGP | US Dollar/Egyptian Pound | 8.8718 | 8.8885 | 8.8673 | 8.8791 | +0.0073 | +0.08% | +100 |  | | |
| 3. | XAUUSDO | Gold Spot | 1301.925 | 1357.245 | 1297.975 | 1323.670 | +21.745 | +1.67% | +100 | | | |
| 4. | USDTHB | US Dollar/Thai Baht | 35.4090 | 35.5295 | 35.3030 | 35.3210 | -0.0880 | -0.25% | +65 |  | | |
| 5. | USDILS | US Dollar/Israeli Shekel | 3.874270 | 3.919505 | 3.874125 | 3.900500 | +0.026230 | +0.68% | +100 |  | | |
| 6. | USDNOK | US Dollar/Norwegian Krone | 8.638140 | 8.743425 | 8.430700 | 8.525850 | -0.112290 | -1.30% | +100 | | | |
| 7. | EURNOK | Euro/Norwegian Krone | 9.54745 | 9.57750 | 9.40490 | 9.41990 | -0.12755 | -1.34% | +90 | | | |
| 8. | USDPLN | US Dollar/Polish New Zloty | 4.048145 | 4.130310 | 3.977015 | 4.031750 | -0.016395 | -0.41% | +100 | | | |
| 9. | AUDUSD | Australian Dollar/US Dollar | 0.739455 | 0.743100 | 0.730690 | 0.743100 | +0.003645 | +0.49% | +85 |  | | |
| 10. | USDPHP | US Dollar/Philippine Peso | 46.810 | 47.020 | 46.785 | 46.945 | +0.135 | +0.29% | +70 |  | |
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