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CURRENCIES:

The December Dollar closed lower on Friday and spiked below September's low crossing at 91.75. 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. Multiple closes below September's low crossing at 91.75 could mark a possible downside breakout of the August-December trading range thereby renewing this year's decline. Closes above the 20-day moving average crossing at 92.72 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 92.72. Second resistance is the 50-day moving average crossing at 93.24. First support is today's low crossing at 91.74. Second support is monthly support crossing at 90.21.

The December Euro closed higher on Friday as it extends the rally off November'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 December extends the rally off November's low, September's high crossing at 120.38 is the next upside target. Closes below the 50-day moving average crossing at crossing at 117.93 would signal that a short-term top has been posted. First resistance is today's high crossing at 119.67. Second resistance is September's high crossing at 120.38. First support is the November 11th low crossing at 117.53. Second support is November's low crossing at 116.13.

The December British Pound posted a key reversal down on Friday as it consolidates some of the rally off September's low. 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 overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If December extends the aforementioned rally, September's high crossing at 1.3488 is the next upside target. Closes below the 20-day moving average crossing at 1.3195 would confirm that a short-term top has been posted. First resistance is today's high crossing at 1.3401. Second resistance is September's high crossing at 1.3488. First support is the 20-day moving average crossing at 1.3195. Second support is the 50-day moving average crossing at 1.3038.

The December Swiss Franc closed higher on Friday. 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 December extends this week's rally, November's high crossing at 1.1144 is the next upside target. If December renews the decline off November's high, November's low crossing at 1.0874 is the next downside target. First resistance is November's high crossing at 1.1144. Second resistance is the September-2019 high crossing at 1.1319. First support is November's low crossing at 1.0874. Second support is September's low crossing at 1.0781.

The December Canadian Dollar closed slightly higher on Friday. 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 December renews the rally off October's low, the October-2018 high crossing at 79.05 is the next upside target. Closes below the 50-day moving average crossing at 75.87 would confirm that a short-term top has been posted. First resistance is November's high crossing at 77.36. Second resistance is the October-2018 high crossing at 79.05. First support is the 50-day moving average crossing at 75.87. Second support is October's low crossing at 74.70.

The December Japanese Yen closed higher on Friday. 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 turning neutral to bullish signaling that sideways to higher prices are possible near-term. If December renews this month's rally, November's high crossing at 0.0970 is the next upside target. Closes below the 50-day moving average crossing at 0.0954 would signal that a short-term top has been posted. First resistance is last-Wednesday's high crossing at 0.0965. Second resistance is November's high crossing at 0.0970. First support is November's low crossing at 0.0947. Second support is October's low crossing at 0.0943.