EUR/USD Current price: 1.3083

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eur

Resistance via the 1.3125 figure is weighing on EURUSD price action in the near term. The barrier is being reinforced by the 1.3138 October 17th session high. Failure to break above the barrier would prompt a decline to initial support at 1.2988.

Support levels: 1.3045 1.3013 1.2985

Resistance levels: 1.3105 1.3133 1.3165

GBP/USD Current price: 1.6114

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gbpusd

Failing to rise above 1.6166 resistance, the GBPUSD has declined to test 1.6069 support. Further declines through the barrier would prompt a drop to subsequent support at 1.6036. Any retracement higher should be minimized by the 1.6200 round figure.

Support Levels 1.6078 1.6045  1.6007

Resistance Levels 1.6149 1.6187 1.6220

USD/JPY Current price: 83.88

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usdjpy

USDJPY has broken through resistance at the 83.40 barrier, opening scope for a move higher towards 84.25. Further penetration above the psychological figure will place the 84.50 figure into play. Any retracement should be held at bay by the 83.00 round figure.

Support levels: 83.28 82.92 82.71 
Resistance levels: 83.85 84.06 84.42

AUD/USD Current price: 1.0536

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aud

Consolidating for the second straight session, the AUDUSD looks ripe for a correction lower through the 1.0475 support figure. Violation of the barrier would open scope for a decline to 1.0400 psychological figure.             

Support levels: 1.0503 1.0477 1.0445

Resistance levels: 1.0619 1.0593  1.0561

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