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CURRENCIES

The September Dollar closed higher due to short covering on Thursday as it consolidates some of the decline off August'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 bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 96.52 are needed to confirm that a low has been posted. If September resumes the decline off August's high, the 62% retracement level of the 2014-2015-rally crossing at 91.04 is the next downside target. First resistance is the 20-day moving average crossing at 95.65. Second resistance is the reaction high crossing at 97.11. First support is Monday's low crossing at 92.52. Second support is the 62% retracement level of the 2014-2015-rally crossing at 91.04.

The September Euro closed lower on Thursday as it consolidates some of the rally off July'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 neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 111.28 are needed to confirm that a short-term top has been posted. If September renews the rally off July's low, the 38% retracement level of the 2014-2015-decline crossing at 118.09 is the next upside target. First resistance is Monday's high crossing at 117.18. Second resistance is the 38% retracement level of the 2014-2015-decline crossing at 118.09. First support is the 20-day moving average crossing at 111.28. Second support is the reaction low crossing at 110.20.

The September British Pound closed lower on Thursday as it extended its decline off Tuesday's high. The mid-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 bearish signaling that sideways to lower prices are possible near-term. If September extends this week's decline, July's low crossing at 1.5323 is the next downside target. If September renews this month's rally, June's high crossing at 1.5924 is the next upside target. First resistance is Tuesday's high crossing at 1.5817. Second resistance is June's high crossing at 1.5924. First support is July's low crossing at 1.5323. Second support is June's low crossing at 1.5160.

The September Swiss Franc closed lower 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 bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 1.0330 are needed to confirm that a short-term top has been posted. If September renews the aforementioned rally, the 87% retracement level of the May-August-decline crossing at 1.0922 is the next upside target. First resistance is Monday's high crossing at 1.0809. Second resistance is the 87% retracement level of the May-August-decline crossing at 1.0922. First support is the 20-day moving average crossing at 1.0330. Second support is the reaction low crossing at 1.0213.

The September Canadian Dollar closed higher due to short covering on Thursday. 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 oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends the decline off May's high, weekly support crossing at 73.92 is the next downside target. Closes above the reaction high crossing at 77.20 are needed to confirm that a low has been posted. First resistance is the reaction high crossing at 77.20. Second resistance is the reaction high crossing at 77.73. First support is Wednesday's low crossing at 74.93. Second support is weekly support crossing at 73.92.

The September Japanese Yen closed lower on Thursday. The mid-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 bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at .8117 are needed to confirm that a short-term top has been posted. If September renews this month's rally, January's high crossing at .8640 is the next upside target. First resistance is Monday's high crossing at .8591. Second resistance is January's high crossing at .8640. First support is the 10-day moving average crossing at .8196. Second support is the 20-day moving average crossing at .8117.

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