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EUR and GBP up in correction mode; JPY still under pressure

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.3179 1.3231 1.3157
GBPUSD 1.6633 1.6756 1.6777
USDJPY 103.83 104.20 105.01
USDCHF 0.9142 0.9146 0.9266
AUDUSD 0.9345 0.9223 0.9110
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.0829 1.0907 1.0999
NZDUSD 0.8415 0.8456 0.8452
GBPJPY 172.78 173.74 176.65
EURJPY 137.13 137.32 139.13
EURGBP 0.7950 0.7892 0.7793

EUR/USD bottom or correction?: Investors are mild bullish in EUR seen sideways to bullish for the upcoming month and despite trading at fresh year lows.

GBP/USD ready to resume the upside: Market has turned more Pound positive over these last few days, with the pair seen rising through the quarter up to 1.70 price zone.

USD/JPY some consolidation before a new leg up: latest USD/JPY gains had encouraged buyers, with the pair seen now consolidating at current levels before advancing beyond 105.00 .

AUD/USD gaining bearish potential: Aussie will have to face RBA next week, which generates some uncertainty, but bears have taken the lead in the longer run.

EUR/JPY upside limited by EUR weakness: Despite seen bullish, gains are seen limited by the lack of strength of the common currency, limited now to 139.00 in a 1 month view.

EUR/USD: New year low, towards 1.3000

EURUSD chart

Looking at one of the most miserable EUR/USD daily charts of the year, for the past 5 days the EUR/USD traded in between 1.3152, now becoming history, and 1.3220 unable to fill the weekly opening gap at 1.3240, despite the little effort such would required.

Exclusive Analysis

Current Trading Positions

USDJPY Order Entry SL TP
Autochartist BUY LMT @103.49 104.28 103.50
Danske Bank A/S BUY LMT @103.54 102.85 104.92
NZDUSD Order Entry SL TP
JarrattDavis.com BUY LMT @0.8350 0.8300 0.8400
GBPJPY Order Entry SL TP
Danske Bank A/S BUY LMT @171.95 171.50 -
Danske Bank A/S BUY LMT @171.70 171.20 173.50

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Most Traded Pairs Now


Pair Price Hour Day Week Month
AUDUSD 0.9335 -0.01 -0.22 0.19 -0.52
EURUSD 1.3137 -0.03 -0.35 -0.79 -2.03
USDCAD 1.0868 0.00 0.10 -0.70 0.14
GBPUSD 1.6571 -0.02 -0.11 0.01 -2.20
USDJPY 104.05 -0.04 0.34 0.13 1.89