EUR/USD -- Momentum picking up; above 1.1980 required to
bolster topside conviction again
* 3rd resistance: 1.2012, 76.4% Fibonacci of Aug. 29 fall
* 2nd resistance: 1.1980-84, Sept. 1 high, Aug. 30 high
* 1st resistance: 1.1947, pivot r1
* Spot: 1.1945
* 1st support: 1.1868, Sept. 5 low
* 2nd support: 1.1850, Sept. 1 low
* 3rd support: 1.1837-23, 21-DMA, Aug. 31 low
GBP/USD -- Firmly reasserts upside risks following strong
Tuesday close above 1.3020 resistance; dips may attract buyers
in
* 3rd resistance: 1.3113, Aug. 3 low
* 2nd resistance: 1.3079, 61.8% Fibonacci of Aug. 3-23 fall
* 1st resistance: 1.3059, Aug. 7 high
* Spot: 1.3045
* 1st support: 1.2995, Sept. 1 high, daily pivot
* 2nd support: 1.2982, Sept. 5 mid open/close price
* 3rd support: 1.2966, Sept. 4 highh
USD/JPY -- Familiar medium-term support levels back under
spotlight; tests lower bound of weekly cloud at 108.84 for 5th
consecutive week
* 3rd resistance: 109.83, Sept. 5 high
* 2nd resistance: 109.47, ichimoku conversion line
* 1st resistance: 109.23-26, Sept. 4 low, Sept. 5 mid price
* Spot: 108.74
* 1st support: 108.35-27, pivot s1, Aug. 29 low
* 2nd support: 108.13, April 17 low
* 3rd support: 107.87, 61.8% Fibonacci of move since U.S.
election day low
AUD/USD -- Contained inside Tuesday’s range, digesting
breakdown in Iron ore and miss in Australia 2Q GDP data
* 3rd resistance: 0.8066, July 27 high
* 2nd resistance: 0.8043, Aug. 1 high
* 1st resistance: 0.8028, Sept. 5 high
* Spot: 0.7990
* 1st support: 0.7970, Sept. 5 mid price
* 2nd support: 0.7942, Sept. 5 low
* 3rd support: 0.7922-18, Sept. 1 low, 61.8% Fibonacci
Bloomberg Pro Terminal
Trader Velizar Mitov
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