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USDCAD TECHS

Clearing Major Support

AUDUSD TECHS

Sizeable Resistance Building

EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Bullish Argument Down, But Not Out

EURGBP TECHS

Attention Is On Resistance

SCHATZ TECHS
SCHATZ TECHS: (U17) Upside Challenge Falters At 112.240
*RES 4: 112.390 61.8% Fibo of 112.750-111.810
*RES 3: 112.300 0.1% volatility band
*RES 2: 112.290 May 29 high
*RES 1: 112.230/240 1.618 swing 112.190-112.130, Aug 24 high
*PRICE: 112.190 @1033GMT
*SUP 1: 112.160/170 Hourly support
*SUP 2: 112.130/140 Aug 1, 2 highs, Aug 16, 17 & 18 lows
*SUP 3: 112.090 Congestion area Aug 3-Aug 8
*SUP 4: 112.060 Aug 7, Aug 8 lows
*COMMENTARY* The break above 112.190 resistance has seen a run at and challenge
to, the Jun 12 high at 112.230, which also happens to be the swing target of the
recent 112.190-112.130 consolidation. A slight move higher to 112.240 before
pulling back again. As a result, support moves up to 112.160-112.170 and this
currently offers protection to the base of that consolidation area. Through
112.230-112.240 and not much currently evident until 112.290-112.300.