Analysis

CURRENCIES: The September Euro currency closed up 6 points at 1.1454 today. Prices closed nearer the session high today. Prices Tuesday hit a three- month high. The bulls and bears are on a level overall near-term technical playing field.

The September Japanese yen closed down 475 points at .93430 today. Prices closed nearer the session low today. Prices Tuesday hit a 5.5-month high. Bulls have the firm overall near-term technical advantage. Prices are in a two-month- old uptrend on the daily bar chart.

The September Swiss franc closed down 25 points at 1.0309 today. Prices closed nearer the session low on more profit taking after hitting a five-month high Tuesday. The Swissy bulls have the firm overall near-term technical advantage amid a price uptrend on the daily bar chart.

The September Canadian dollar closed up 38 points at .7636 today. Prices closed nearer the session high and hit a four-month high today. The bulls have the overall near-term technical advantage and gained more power today. Prices are in a four-week-old uptrend on the daily bar chart.

The September British pound closed down 4 points at 1.2737 today. Prices closed nearer the session high today. The bears have the firm overall near-term technical advantage.

The September U.S. dollar index closed up 0.002 at 95.650 today. Prices closed nearer the session low today. The bulls and bears are on a level overall near-term technical playing field. Prices are in a choppy, four-week-old downtrend on the daily bar chart.