As usual, here are a few more observations from Thursday's developments. The charts display the day's support and resistance from the daily report issued around 2am-3am GMT and last for the rest of the day.
Comments provide examples of integrating technical indicators and the implications. There are early signs of the dollar strength, but with mixed momentum, and due to the dull August conditions, the USD/JPY is threatening to extend higher but needs to make further efforts. The EUR/JPY is extremely neutral at present.
These indicators, and daily support and resistance, are available free of charge on the fast and responsive World Wide Markets MT4 platform.
USDJPYUSD/JPY" width="1024" height="453">
EURUSDEUR/USD" width="1024" height="454">
USDCHFUSD/CHF" width="1024" height="453">
GBPUSDGBP/USD" width="1024" height="453">
EURJPYEUR/JPY" width="1024" height="455">
AUDUSDAUD/CAD" width="1024" height="455">