December US Dollar closed up 0.28 at 76.630. This was 0.585 up from the low and 0.015 off the high.
December Euro closed down 0.6 at 147.3. This was 0.04 up from the low and 1.14 off the high.
December Japanese Yen finished down 0.14 at 109.51, 1.07 off the high and 0.21 up from the low.
December Swiss finished down 0.31 at 97.41, 1.79 off the high and 0.02 up from the low.
December Canadian Dollar finished down 0.76 at 92.82, 0.98 off the high and 0.02 up from the low.
December British Pound closed down 0.05 at 163.45. This was 0.17 up from the low and 1.22 off the high.
Technical Outlook
JAPANESE YEN (DEC) 09/24/2009: Momentum studies trending lower at mid-range could accelerate a price break if support levels are broken. The close below the 9-day moving average is a negative short-term indicator for trend. The daily closing price reversal down is a negative indicator for prices. The market's close below the pivot swing number is a mildly negative setup. The next downside target is now at 108.44. The next area of resistance is around 110.12 and 110.99, while 1st support hits today at 108.85 and below there at 108.44.
EURO (DEC) 09/24/2009: A bearish signal was triggered on a crossover down in the daily stochastics. Stochastics turning bearish at overbought levels will tend to support lower prices if support levels are broken. The market's close above the 9-day moving average suggests the short-term trend remains positive. The market could take on a defensive posture with the daily closing price reversal down. It is a slightly negative indicator that the close was lower than the pivot swing number. The next downside objective is now at 146.40. The next area of resistance is around 147.89 and 148.75, while 1st support hits today at 146.71 and below there at 146.40.
December Euro closed down 0.6 at 147.3. This was 0.04 up from the low and 1.14 off the high.
December Japanese Yen finished down 0.14 at 109.51, 1.07 off the high and 0.21 up from the low.
December Swiss finished down 0.31 at 97.41, 1.79 off the high and 0.02 up from the low.
December Canadian Dollar finished down 0.76 at 92.82, 0.98 off the high and 0.02 up from the low.
December British Pound closed down 0.05 at 163.45. This was 0.17 up from the low and 1.22 off the high.
Technical Outlook
JAPANESE YEN (DEC) 09/24/2009: Momentum studies trending lower at mid-range could accelerate a price break if support levels are broken. The close below the 9-day moving average is a negative short-term indicator for trend. The daily closing price reversal down is a negative indicator for prices. The market's close below the pivot swing number is a mildly negative setup. The next downside target is now at 108.44. The next area of resistance is around 110.12 and 110.99, while 1st support hits today at 108.85 and below there at 108.44.
EURO (DEC) 09/24/2009: A bearish signal was triggered on a crossover down in the daily stochastics. Stochastics turning bearish at overbought levels will tend to support lower prices if support levels are broken. The market's close above the 9-day moving average suggests the short-term trend remains positive. The market could take on a defensive posture with the daily closing price reversal down. It is a slightly negative indicator that the close was lower than the pivot swing number. The next downside objective is now at 146.40. The next area of resistance is around 147.89 and 148.75, while 1st support hits today at 146.71 and below there at 146.40.
No comments:
Post a Comment