EUR/USD Current price: 1.4210View Live Chart for the EUR/USD
The euro managed to rebound against dollar from a fresh 3-week low at 1.4070 during past American session, as US positive data gave stocks a reason to recover. Hourly chart shows a very limited bullish tone, with indicators above their midlines, and price developing above 20 SMA. 4 hours chart shows indicators pointing for a bullish corrective movement, towards the 1.4260 area. Gains above 1.4300 are not seen in the pair for current session.
Support levels: 1.4190 1.4150 1.4110
Resistance levels: 1.4220 1.4260 1.4300
GBP/USD Current price: 1.6158View Live Chart for the GBP/USD (Select the currency)
Pressured to the downside, the Pound was again hit by worse than expected UK data, reaching 1.6078 before starting a correction on risk aversion easing. However, and according to the hourly chart showing indicators back turning south, pair seems pretty much limited to the upside for this Friday. Immediate resistance comes around 1.6170, recent highs, and once above pair may extend towards 1.6220, yet selling interest at that area may send the pair back lower. Lose of 1.6110, should signal a retest of mentioned low ahead of 1.5970 area.
Support levels: 1.6110 1.6070 1.6025
Resistance levels: 1.6170 1.6220 1.6260
USD/JPY Current price: 80.58View Live Chart for the USD/JPY (select the currency)
Still trading below 81.00, the USD/JPY continues lacking definitions and trading in quite limited intraday ranges. Hourly chart shows price sliding below 20 SMA, despite indicators heading higher yet below their midlines. 4 hours chart shows an increasing bearish momentum, while prices develops still above a slightly bullish 20 SMA around 80.50, break below this last, should favor a downside continuation yet the ascendant daily trend line, around 80.25 will offer support quite near.
Support levels: 80.50 80.25 80.00
Resistance levels: 80.80 81.05 81.40
AUD/USD Current price: 1.0556View Live Chart for the AUD/USD (Select the currency)
Aussie slide extended to 1.0470 before bouncing back higher, to end the day where it started, clear doji in the daily chart. Hourly indicators are pointing higher, while below their midlines. In bigger time frames the bearish tone persist although pair could be aiming for a recovery towards 1.0640 over the next few hours, if local share markets rise following its overseas pairs.
Support levels: 1.0550 1.0510 1.0470
Resistance levels: 1.0600 1.0640 1.0680
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