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The December Dollar closed sharply higher on Friday as it extends this year's rally. The high-range close sets the stage for a steady to higher opening when Monday's nights session begins trading. Stochastics and the RSI are neutral to bullish signaling sideways to higher prices are possible near-term. If December extends the rally off August's low, monthly resistance crossing at $114.782 is the next upside target. Closes below the 20-day moving average crossing at $109.529 would confirm that a short-term top has been posted. First resistance is today's high crossing at $113.000. Second resistance is monthly resistance crossing at $114.782. First support is the 20-day moving average crossing at $109.529. Second support is the 50-day moving average crossing at $107.659.

The December Euro closed sharply lower on Friday as it extends this year'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 December extends this year's decline, the 87% retracement level of the 2000-2008 rally on the monthly continuation chart crossing at $0.93211 is the next downside target. Closes above the 50-day moving average crossing at $1.01693 is needed to confirm that a low has been posted. First resistance is the 50-day moving average crossing at $1.01693. Second resistance is September's high crossing at 1.02650. First support is today's low crossing at $0.97280. Second support is the 87% retracement level of the 2000-2008 rally on the monthly continuation chart crossing at $0.93211.

The December British Pound closed sharply lower on Friday as it extends this year'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 sideways to lower prices are possible near-term. If December extends this year's decline, psychological support crossing at 1.0000 is the next downside target. Closes above the 20-day moving average crossing at 1.1509 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 1.1509. Second resistance is the September 13th high crossing at 1.1759. First support is today's low crossing at 1.0852. Second support is psychological support crossing at 1.0000.

The December Swiss Franc closed lower on Friday as it extends the decline off August's high. 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 neutral to bearish signaling that sideways to lower prices are possible near-term. If December extends the aforementioned decline, September's low crossing at 1.02210 is the next downside target. Closes above the 50-day moving average crossing at 1.04875 would signal that a short-term low has been posted. First resistance is the 50-day moving average crossing at 1.04875. Second resistance is September's high crossing at 1.06325. First support is September's low crossing at 1.02210. Second support is June's low crossing at 1.01300.

The December Canadian Dollar closed lower on Friday as it extends this year'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 December extends the decline off August's high, the 75% retracement level of the 2020-2021 rally crossing at 72.14 is the next downside target. Closes above the 20-day moving average crossing at 75.79 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 75.79. Second resistance is the 50-day moving average crossing at 76.85. First support is the 75% retracement level of the 2020-2021 rally crossing at 72.14. Second support is the 87% retracement level of the 2020-2021 rally crossing at 70.42.

The December Japanese Yen posted an inside day with a lower close on Friday as it extends the trading range of the past two-weeks. 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 neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above Thursday's high crossing at 0.071895 would signal that a short-term low has been posted. If December renews this year's decline, is long-term support crossing at 0.065720 is the next downside target. First resistance is Thursday's high crossing at 0.071895. Second resistance is the 50-day moving average crossing at 0.73290. First support is Thursday's low crossing at 0.069150. Second support is long-term support crossing at 0.065720.