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CURRENCIES

The September Dollar closed lower on Friday as it extends this month's decline. The low-range close sets the stage for a steady to lower opening when Monday'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 April's high, weekly support crossing at 93.41 is the next downside target. Closes above the 20-day moving average crossing at 95.40 would confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 95.40. Second resistance is the 50-day moving average crossing at 96.36. First support is today's low crossing at 93.68. Second support is weekly support crossing at 93.41.

The September Euro closed higher on Friday as it extends the rally off April's low. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways trading is possible near-term. If September extends the rally off April's low, May's high crossing at 117.58 is the next upside target. Closes below the 20-day moving average crossing at 114.67 would confirm that a short-term top has been posted. First resistance is today's high crossing at 117.18. Second resistance is May's high crossing at 117.58. First support is the 20-day moving average crossing at 114.67. Second support is the 50-day moving average crossing at 113.25.

The September British Pound posted an inside day with a higher close on Friday. The mid-range close sets the stage for a steady opening when Monday'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 50-day moving average crossing at 1.2922 would confirm that a short-term top has been posted. If September renews the rally off June's low, weekly resistance crossing at 1.3546 is the next upside target. First resistance is Tuesday's high crossing at 1.3153. Second resistance is weekly resistance crossing at 1.3546. First support is the 50-day moving average crossing at 1.2922. Second support is June's low crossing at 1.2625.

The September Swiss Franc closed higher on Friday as it extends the rally off May's low. The high-range close sets the stage for a steady to higher opening when Monday'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 extends the rally off May's low, last August's high crossing at 1.0733 is the next upside target. Closes below the 50-day moving average crossing at 1.0377 would confirm that a short-term top has been posted. First resistance is today's high crossing at 1.0623. Second resistance is last August's high crossing at 1.0733. First support is the 50-day moving average crossing at 1.0377. Second support is the reaction low crossing at 1.0275.

The September Canadian Dollar closed higher on Friday as it extends the rally off May's low. The high-range close sets the stage for a steady to higher opening when Monday'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 May's low, the June-2015 high crossing at 81.86 is the next upside target. Closes below the 20-day moving average crossing at 77.77 are needed to confirm that a short-term top has been posted. First resistance is today's high crossing at 79.92. Second resistance is the June-2015 high crossing at 81.86. First support is the 10-day moving average crossing at 78.83. Second support is the 20-day moving average crossing at 77.77.

The September Japanese Yen closed higher on Friday as it extends the rally off July's low. The high-range close sets the stage for a steady to higher opening when the Monday's night session begins trading. Stochastics and the RSI are overbought neutral to bullish signaling that sideways to higher prices are possible near-term. Today's close above the 50-day moving average crossing at 0.9027 are needed to confirm that a short-term low has been posted. Closes below the 20-day moving average crossing at 0.8906 would confirm that a short-term top has been posted. First resistance is today's high crossing at 0.9027. Second resistance is the reaction high crossing at 0.9048. First support is July's low crossing at 0.8760. Second support is March's low crossing at 0.8736.

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