EUR/USD -- Exhaustion warnings finally registers with price-
action; strong upside-reversal against 200-week MA
* 3rd resistance: 1.1969-75, Jan. 6 2015 high, 233-DMA
* 2nd resistance: 1.1910, Aug. 2 high
* 1st resistance: 1.1865, pivot r1
* Spot: 1.1801
* 1st support: 1.1728-23, Aug. 4, July 31 low
* 2nd support: 1.1650, July 27 low
* 3rd support: 1.1638, 21-DMA
GBP/USD -- Holding above 21-DMA (1.3047) with a bearish tone
* 3rd resistance: 1.3164, Aug. 4 high
* 2nd resistance: 1.3113, Aug. 3 low
* 1st resistance: 1.3089, Aug. 4 mid open/close price
* Spot: 1.3049
* 1st support: 1.3024, Aug. 4 low
* 2nd support: 1.3000, July 26 low
* 3rd support: 1.2984, July 24 low
USD/JPY -- Breaks at close the 76.4% Fibonacci support line
at 110.17 which guards the June low at 108.83
* 3rd resistance: 111.51, 55-DMA
* 2nd resistance: 111.33-38, July 28 high, 100-DMA
* 1st resistance: 111.02-05, ichimoku conversion, Aug. 4
high
* Spot: 110.78
* 1st support: 110.37, Aug. 4 mid open/close price
* 2nd support: 109.85, Aug. 4 low
* 3rd support: 109.27, June 15 low
AUD/USD -- Predisposed to corrective losses; intraday charts
showing lower tops
* 3rd resistance: 0.8066, July 27 high
* 2nd resistance: 0.8043, Aug. 1 high
* 1st resistance: 0.7980-93, Aug. 4, 2 high
* Spot: 0.7923
* 1st support: 0.7891-85, Aug. 4 low, 21-DMA
* 2nd support: 0.7838, July 17 high
* 3rd support: 0.7818, ichimoku baseline
Bloomberg Pro Terminal
Trader Velizar Mitov
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