OUTLOOK: Price Signal Summary - USD Bull Run Extends

* In FX, EURUSD continues to weaken and a bear theme remains intact. The recent breach of the 50-day EMA, strengthened the current downleg and the pair continues to retrace the bull cycle between Jun 24 and Aug 20. 1.1416, the 76.4% retracement of the Jun 24 - Aug 20 bull leg, has been cleared. A confirmed breach would expose 1.1325, the Jun 24 low and a key M/T support. Initial firm resistance to watch is 1.1549, the 50-day EMA. * A sharp sell-off today in GBPUSD reinforces the current bear theme. The pair continues to retrace the bull cycle between Jun 24 and Aug 21 and sights are on 1.3266, the 76.4% retracement point of the bull cycle. A clear break of this level would further strengthen the current bear cycle and signal scope for a move towards 1.3140, the Jun 24 low and a key support. On the upside, initial firm resistance is seen at 1.3469, the 50-day EMA. * A bull cycle in USDJPY remains in play - for now - and price is trading at its recent highs. The pair has cleared the 20-day EMA, at 156.67. This signals scope for a stronger near-term recovery and attention is on resistance at the 50-day EMA, at 158.07. Clearance of this average would strengthen the current bull cycle a