EUR/USD -- Storms past 1.2000 as focus swiftly turns to
1.2167, the 50% retracement line of 2014-2015 bear market
* 3rd resistance: 1.2167, 50% of 2014-2015 bear market
* 2nd resistance: 1.2108, Jan. 2 2015 high
* 1st resistance: 1.2094, pivot r3
* Spot: 1.2053
* 1st support: 1.1956, Asia low
* 2nd support: 1.1941, Aug. 25 high
* 3rd support: 1.1917, Aug. 28 low
GBP/USD -- Retains upward bias as bulls penetrating
important 1.2961-70 resistance which includes the 21-DMA and
38.2% Fibonacci
* 3rd resistance: 1.3079, 61.8% Fibonacci of August selloff
* 2nd resistance: 1.3054-59, Aug. 8, 7 highs
* 1st resistance: 1.3022-31, Aug. 14, 11 high
* Spot: 1.2963
* 1st support: 1.2918, daily pivot
* 2nd support: 1.2874, Aug. 28 low
* 3rd support: 1.2837, Aug. 24 high
USD/JPY -- Multi-month lows registered as bears poised for
attack at the YTD low at 108.13; watch Friday close below weekly
cloud support at 108.84 for short-term negativity to spill over
to medium-term period
* 3rd resistance: 109.83, Aug. 23 high
* 2nd resistance: 109.41, Aug. 28 high
* 1st resistance: 109.26-35, Asia high, ichimoku conversion line
AUD/USD -- Buyers re-emerge at 13-DMA support line at
0.7908 as market erases risk-off led decline
* 3rd resistance: 0.8005, 76.4% Fibonacci of July 27-Aug. 15
fall
* 2nd resistance: 0.7993, Aug. 2 high
* 1st resistance: 0.7973-80, Aug. 28 high,
* Spot: 0.7938
* 1st support: 0.7906, Asia low
* 2nd support: 0.7885, Aug. 25 low
* 3rd support: 0.7867, Aug. 24 low
Bloomberg Pro Terminal
Trader Velizar Mitov
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