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CURRENCIES:

The September Dollar was higher overnight. Overnight trading sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If September resumes this year's rally, the 75% retracement level of the 2001-2008 decline on the monthly continuation chart crossing at $108.717 is the next upside target. Closes below the 50-day moving average crossing at $103.243 would signal that a short-term top has been posted. First resistance is June's high crossing at $105.565. Second resistance is the 75% retracement level of the 2001-2008 decline on the monthly continuation chart crossing at $108.717. First support is the 20-day moving average crossing at $104.001. Second support is the 50-day moving average crossing at $103.243.

The September Euro was steady to lower overnight. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If September renews the decline off May's high, May's low crossing at $1.04255 is the next downside target. Closes above the 50-day moving average crossing at $1.06510 would signal that a short-term low has been posted. First resistance is the 50-day moving average crossing at $1.06510. Second resistance is May's high crossing at $1.08530. First support is June's low crossing at $1.04280. Second support is May's low crossing at $1.04255.

The September British Pound was lower overnight and sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends this week's decline, June's low crossing at 1.1952 is the next downside target. Closes above the 20-day moving average crossing at 1.2298 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 1.2298. Second resistance is the 50-day moving average crossing at 1.2426. First support is June's low crossing at 1.1952. Second support is the 87% retracement level of the 2020-2021 rally on the monthly continuation chart crossing at 1.1914.

The September Swiss Franc was lower overnight as it consolidates some of the rally off June's low. The low-range overnight trade sets the stage for a steady to lower opening when the day 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 June's low, the 38% retracement level of this year's decline crossing at 1.06242 is the next upside target. Closes below the 50-day moving average crossing at 1.03516 would signal that a short-term top has been posted. First resistance is Wednesday's high crossing at 1.05910. Second resistance is the 38% retracement level of this year's decline crossing at 1.06242. First support is the 50-day moving average crossing at 1.03516. Second support is June's low crossing at 1.00235.

The September Canadian Dollar was lower overnight as it consolidates some of the rally off June's low. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at $77.96 would signal that a short-term low has been posted. If September renews the decline off June's high, the 50% retracement level of the 2020-2021 rally crossing at $75.79 is the next downside target. First resistance is the 50-day moving average crossing at $77.96. Second resistance is June's high crossing at $79.84. First support is June's low crossing at $76.46. Second support is the 50% retracement level of the 2020-2021 rally crossing at $75.79.

The September Japanese Yen was steady to higher overnight. Overnight trading sets the stage for a steady to slightly higher opening when the day session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 0.074756 would signal that a short-term low has been posted. If September resumes the decline off May's high, the August-1998 low on the monthly continuation chart crossing at 0.068730 is the next downside target. First resistance is the 20-day moving average crossing at 0.074756. Second resistance is the 50-day moving average crossing at 0.076762. First support is Wednesday's low crossing at 0.073390. Second support is the September-1990 low on the monthly continuation chart crossing at 0.072160.