EUR/USD Current price: 1.3171View Live Chart for the EUR/USD
EURUSD upside is being hampered by the psychological 1.3200 round figure. Given the short term consolidation on the session, probabilities are high for a turn in the five day win streak. Look for 1.3100 to be the first tested on the way down, with a break below opening scope for a move to 1.3008 November 27th session high.
Support levels: 1.3096 1.3120 1.3141
Resistance Levels 1.3186 1.3210 1.3231
GBP/USD Current price: 1.6215View Live Chart for the GBP/USD (Select the currency)
Resistance via the 1.6250 remains hovering over GBPUSD action, lending a bearish bias on the currency pair. Failure to violate the barrier would prompt a decline to initial support at 1.6145. Subsequent penetration below the 1.6145 would activate targets at 1.6056 November 27th session high.
Support Levels 1.6103 1.6130 1.6166
Resistance Levels 1.6229 1.6256 1.6292
USD/JPY Current price: 84.01View Live Chart for the USD/JPY (select the currency)
The 84.50 figure remains too strong for USDJPY bulls, prompting a retracement on the session. The bearish sentiment is likely to extend lower towards initial support at 83.33. A break below the figure would open scope for a dip to 82.50.
Support Levels 82.79 83.20 83.54
Resistance Levels 84.28 84.69 85.02
AUD/USD Current price: 1.0543View Live Chart for the AUD/USD (Select the currency)
Consolidating for the fourth 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 1.0478 1.0502 1.0527
Resistance Levels 1.0576 1.0600 1.0625
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