September US Dollar closed down 0.305 at 77.035. This was 0.220 up from the low and 0.430 off the high.
September Euro closed up 0.72 at 145.61. This was 0.94 up from the low and 0.41 off the high.
September Japanese Yen finished up 0.28 at 108.61, 0.56 off the high and 0.61 up from the low.
September Swiss finished up 0.56 at 96.06, 0.25 off the high and 0.73 up from the low.
September Canadian Dollar finished up 0.12 at 92.64, 0.44 off the high and 0.36 up from the low.
September British Pound closed up 0.47 at 165.33. This was 0.78 up from the low and 0.6 off the high.
Technical Outlook
JAPANESE YEN (SEP) 09/10/2009: Daily stochastics turning lower from overbought levels is bearish and will tend to reinforce a downside break especially if near term support is penetrated. The market's close above the 9-day moving average suggests the short-term trend remains positive. The close over the pivot swing is a somewhat positive setup. The next downside objective is now at 107.43. The next area of resistance is around 109.19 and 109.76, while 1st support hits today at 108.03 and below there at 107.43.
EURO (SEP) 09/10/2009: Momentum studies are trending higher but have entered overbought levels. The market's close above the 9-day moving average suggests the short-term trend remains positive. It is a mildly bullish indicator that the market closed over the pivot swing number. The next upside target is 146.83. The next area of resistance is around 146.29 and 146.83, while 1st support hits today at 144.95 and below there at 144.14.
September Euro closed up 0.72 at 145.61. This was 0.94 up from the low and 0.41 off the high.
September Japanese Yen finished up 0.28 at 108.61, 0.56 off the high and 0.61 up from the low.
September Swiss finished up 0.56 at 96.06, 0.25 off the high and 0.73 up from the low.
September Canadian Dollar finished up 0.12 at 92.64, 0.44 off the high and 0.36 up from the low.
September British Pound closed up 0.47 at 165.33. This was 0.78 up from the low and 0.6 off the high.
Technical Outlook
JAPANESE YEN (SEP) 09/10/2009: Daily stochastics turning lower from overbought levels is bearish and will tend to reinforce a downside break especially if near term support is penetrated. The market's close above the 9-day moving average suggests the short-term trend remains positive. The close over the pivot swing is a somewhat positive setup. The next downside objective is now at 107.43. The next area of resistance is around 109.19 and 109.76, while 1st support hits today at 108.03 and below there at 107.43.
EURO (SEP) 09/10/2009: Momentum studies are trending higher but have entered overbought levels. The market's close above the 9-day moving average suggests the short-term trend remains positive. It is a mildly bullish indicator that the market closed over the pivot swing number. The next upside target is 146.83. The next area of resistance is around 146.29 and 146.83, while 1st support hits today at 144.95 and below there at 144.14.
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