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CURRENCIES:

The September Dollar closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought, diverging but have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing 92.57 would signal that a short-term top has been posted while opening the door for additional weakness near-term. If September renews the rally off May's low, March's high crossing at 93.43 is the next upside target. First resistance is last-Wednesday's high crossing at 93.20. Second resistance is March's high crossing at 93.43. First support is the 20-day moving average crossing 92.57. Second support is the July 6th low crossing at 92.00.

The September Euro closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold, diverging but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends the decline off May's high, March's low crossing at 117.47 is the next downside target. Closes above the 20-day moving average crossing at 118.40 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 118.40. Second resistance is the June 26th high crossing at 119.95. First support is last-Wednesday's low crossing at 117.64. Second support is March's low crossing at 117.47.

The September British Pound closed higher on Monday as it extended the rally off last-Tuesday's low as it closed above the 20-day moving average crossing at 1.3793 signaling that a short-term low has been posted. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that a low might be in or is near. If September extends the rally off last-Tuesday's low, the July 12th high crossing at 1.3913 is the next upside target. If September renews the decline off June's high, the 38% retracement level of the 2020-2021-rally crossing at 1.3223 is the next downside target. First resistance is the July 12th high crossing at 1.3913. Second resistance is the 50-day moving average crossing at 1.3971. First support the 25% retracement level of the 2020-2021-rally crossing at 1.3578. Second support is the 38% retracement level of the 2020-2021-rally crossing at 1.3223.

The September Swiss Franc closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday'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 renews the rally off July's low, the 50-day moving average crossing at 1.1015 is the next upside target. If September renews the decline off June's high, the 75% retracement level of the March-May-rally crossing at 1.0744 is the next downside target. First resistance is the July 15th high crossing at 1.0984. Second resistance is the 50-day moving average crossing at 1.1015. First support is the 75% retracement level of the March-May-rally crossing at 1.0775. Second support is the 87% retracement level of the March-May-rally crossing at 1.0701.

The September Canadian Dollar closed slightly higher on Monday as it extended the rally off last-Monday's low. The mid-range close sets the stage for a steady to higher opening when Tuesday'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 79.92 would signal that a short-term low has been posted. If September resumes the decline off June's high, the January 28th low crossing at 77.72 is the next downside target. First resistance is the 20-day moving average crossing at 79.92. Second resistance is the July 14th high crossing at 80.48. First support is the January 28th low crossing at 77.72. Second support is the December 21st low crossing at 77.30.

The September Japanese Yen closed slightly higher on Monday but remains below the 20-day moving average crossing at 0.090639 signaling that a short-term top has been posted. The mid-range close sets the stage for a steady to higher opening when Tuesday'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 last-week's decline, July's low crossing at 0.089605 is the next downside target. If September renews the rally off July's low, the May 25th high crossing at 0.092170 is the next upside target. First resistance is the May 25th high crossing at 0.092170. Second resistance is May's high crossing at 0.092295. First support is July's low crossing at 0.089605. Second support is weekly support crossing at 0.089205.