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For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9764.

In the Asian session, at GMT0300, the pair is trading at 0.9767, with the USD trading a tad higher against the CHF from yesterday’s close.

The pair is expected to find support at 0.9738, and a fall through could take it to the next support level of 0.9710. The pair is expected to find its first resistance at 0.9802, and a rise through could take it to the next resistance level of 0.9838.

Moving ahead, investors would focus on Switzerland’s ZEW survey-expectations for August, slated to release in a few hours.

The currency pair is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.

For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD and closed at 1.2929.

In the Asian session, at GMT0300, the pair is trading at 1.2908, with the USD trading 0.16% lower against the CAD from yesterday’s close.

The pair is expected to find support at 1.2870, and a fall through could take it to the next support level of 1.2832. The pair is expected to find its first resistance at 1.2964, and a rise through could take it to the next resistance level of 1.3020.

Trading trend in the Loonie today is expected to be determined by Canada’s current account balance data for 2Q, due to release later in the day.

The currency pair is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.

Daily Pivots: (S1) 142.89; (P) 143.28; (R1) 143.51; More...

Intraday bias in GBP/JPY is turned neutral with a temporary top formed at 143.65. Another rise is mildly in favor as long as 141.92 minor support holds. Above 143.65 will target 55 day EMA (now at 144.60) and above. On the downside, however, below 141.92 minor support will indicate completion of the rebound. And larger down trend will likely resume for 139.29/47 key support zone instead.

In the bigger picture, at this point decline from 156.59 is still seen as a corrective move. But the downside acceleration makes this view shaky. Focus will be on 139.29 cluster support (50% retracement of 122.36 to 156.59 at 139.47). Strong rebound from there will re-affirm the bullish case that rise from 122.36 is still to extend through 156.59 high. However, sustained break of 139.29/47 should confirm medium term reversal. GBP/JPY would then target a retest on 122.26 (2016 low).

For the 24 hours to 23:00 GMT, the AUD declined 0.15% against the USD and closed at 0.7338.

LME Copper prices rose 1.9% or $117.0/MT to $6118.0/MT. Aluminium prices rose 1.3% or $26.0/MT to $2088.0/MT.

In the Asian session, at GMT0300, the pair is trading at 0.7342, with the AUD trading 0.05% higher against the USD from yesterday’s close.

The pair is expected to find support at 0.7321, and a fall through could take it to the next support level of 0.7301. The pair is expected to find its first resistance at 0.7362, and a rise through could take it to the next resistance level of 0.7383.

Looking forward, investors will closely monitor Australia’s building approvals for July, slated to release overnight.

The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.

Daily Pivots: (S1) 129.66; (P) 129.97; (R1) 130.35; More....

Intraday bias in EUR/JPY remains on the upside despite mild loss in upside momentum. Current rally from 124.89 should target resistance zone between 131.97 and 61.8% retracement of 137.49 to 124.61 at 132.56. On the downside, below 128.78 minor support will turn intraday bias neutral and bring consolidations first. .

In the bigger picture, EUR/JPY once again rebounded ahead of 124.08 key resistance turned support. It's also held above long term trend line from 109.03 (2016 low). The development argues that such rise from 109.03 might now be over yet. Decisive break of 61.8% retracement of 137.49 to 124.61 at 132.56 will pave the way to retest 137.49 high. But, firm break of 124.08 will argue that whole rise from 109.03 (2016 low) has completed at 137.49. Deeper decline would be seen to 61.8% retracement of 109.03 to 137.49 at 119.90 next.

For the 24 hours to 23:00 GMT, Gold declined 0.74% against the USD and closed at USD1208.00 per ounce, as the US treasuries rose, following the US-Mexico trade agreement.

In the Asian session, at GMT0300, the pair is trading at 1209.90, with gold trading 0.16% higher against the USD from yesterday’s close.

The pair is expected to find support at 1203.57 and a fall through could take it to the next support level of 1197.23. The pair is expected to find its first resistance at 1218.47, and a rise through could take it to the next resistance level of 1227.03.

The yellow metal is trading below its 20 Hr and 50 Hr moving averages.

Daily Pivots: (S1) 0.9060; (P) 0.9080; (R1) 0.9107; More...

Intraday bias in EUR/GBP remains on the upside at this point. Current rally from 0.8620 is in progress for retesting 0.9305 key resistance. On the downside, below 0.9033 minor support will turn bias neutral and bring consolidations. But near term outlook will stay bullish as long as 0.8895 support holds.

In the bigger picture, EUR/GBP is staying in long term range pattern from 0.9304 (2016 high). The corrective structure of the fall from 0.9305 to 0.8620 is raising the chance that rise from 0.8312 to 0.9305 is an impulsive move. But we're not too confident on it yet. In any case, we'd stay cautious on strong resistance from 0.9304/5 to limit upside in case of further rally. Meanwhile, if there is another medium term decline, strong support will likely be seen from 0.8303 to contain downside.

For the 24 hours to 23:00 GMT, Silver declined 1.17% against the USD and closed at USD14.80 per ounce, tracking losses in gold prices.

In the Asian session, at GMT0300, the pair is trading at 14.81, with silver trading 0.07% higher against the USD from yesterday’s close.

The pair is expected to find support at 14.67, and a fall through could take it to the next support level of 14.54. The pair is expected to find its first resistance at 15.01, and a rise through could take it to the next resistance level of 15.21.

The white metal is trading below its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, Crude Oil declined 0.61% against the USD and closed at USD68.57 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories increased by 38.0K barrels to 405.7 million barrels in the week ended 24 August.

In the Asian session, at GMT0300, the pair is trading at 68.57, with oil trading flat against the USD from yesterday’s close.

The pair is expected to find support at 68.12, and a fall through could take it to the next support level of 67.67. The pair is expected to find its first resistance at 69.11, and a rise through could take it to the next resistance level of 69.65.

Crude oil is showing convergence with its 20 Hr and 50 Hr moving averages.

Daily Pivots: (S1) 1.5894; (P) 1.5926; (R1) 1.5969; More....

The breach of 1.5945 suggests that rise from 1.5601 is resuming. Intraday bias is turned back to the upside for 61.8% projection of 1.5271 to 1.5886 from 1.5601 at 1.5981 first. Break will target 100% projection at 1.6216, which is close to 1.6189 high. On the downside, though, below 1.5874 minor support will argue that consolidation from1.5945 is extending with another fall before completion. And the larger rally is going to resume later.

In the bigger picture, EUR/AUD drew strong support from 55 week EMA and rebounded. And the development argues that medium term rally from 1.3624 (2017 low) is still in progress. Firm break of 1.6189 will target a test on 1.6587 (2015 high). On the downside, break of 1.5601 support will now be the first sign of medium term reversal, and will bring a test on 1.5271 key support for confirmation.