EUR/USD -- Remains skewed bullishly despite some fizzling of
momentum against big resistance from 200-week MA at 1.1789
* 3rd resistance: 1.1871, Jan. 12 2015 high
* 2nd resistance: 1.1789, 200-week MA
* 1st resistance: 1.1777, July 27 high
* Spot: 1.1725
* 1st support: 1.1650, July 27 low
* 2nd support: 1.1613, July 26 low
* 3rd support: 1.1583, July 18 high
USD/JPY -- Injected with fresh downside impetus after
closing break below 233-DMA on Friday
* 3rd resistance: 111.33-36, July 28 high, conversion line
* 2nd resistance: 110.97, July 28 mid open/close price
* 1st resistance: 110.82, 233-DMA
* Spot: 110.64
* 1st support: 110.31, Asia low
* 2nd support: 110.17, 76.4% Fibonacci of June-July rise
* 3rd support: 109.27, June 15 low
USD/CHF -- Breaks streak on lower highs in place since start
of the year; next focus is 100-DMA at 0.9811
* 3rd resistance: 0.9808-11, May 30 high, 100-DMA
* 2nd resistance: 0.9771, June 15 high
* 1st resistance: 0.9727, July 28 high
* Spot: 0.9674
* 1st support: 0.9634, July 28 low
* 2nd support: 0.9595, July 26 high
* 3rd support: 0.9491, July 27 low
GBP/USD -- Facing pressure against ~1.3150, upper end of
channel dating back to Oct. ‘flash crash’ day (see chart)
* 3rd resistance: 1.3248, Sept. 16 high
* 2nd resistance: 1.3180, Sept. 15 low
* 1st resistance: 1.3159, July 27 high
* Spot: 1.3111
* 1st support: 1.3052, July 27 low
* 2nd support: 1.3037, 76.4% Fibo of 1.3000-1.3158 move
* 3rd support: 1.3000, July 26 low
Bloomberg Pro Terminal
Trader Velizar Mitov
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