EUR/USD Current price: 1.3224

View Live Chart for the EUR/USD

eur
 
A doji has appeared ahead of resistance via the 1.3300 round figure. As a result, the technical setup is portending towards a short term retracement, with bears likely to target the 1.3138 medium term support figure. Any upside continuation requires a break of the aforementioned round handle. 

Support Levels 1.3204  1.3170 1.3118

Resistance Levels 1.3290 1.3342 1.3376

GBP/USD Current price: 1.6258

View Live Chart for the GBP/USD (Select the currency)

gbpusd

GBPUSD failed to rise above 1.6300 psychological resistance, setting the major currency up for a decline to initial support at 1.6172. Further declines through the support barrier would open scope for a dip to the 1.6100 round figure.

Support Levels   1.6227 1.6205 1.6165

Resistance Levels 1.6289 1.6329 1.6351

USD/JPY Current price: 84.25

View Live Chart for the USD/JPY (select the currency)

usdjpy

Resistance via the 85.00 figure continues to loom over USDJPY price action, lending a bearish bias in the short term. Any failure to close above the figure would bolster a decline to initial support at 82.88. 

Support Levels 84.16 83.90 83.67

Resistance Levels 84.65 84.88 85.14

AUD/USD Current price: 1.0468

View Live Chart for the AUD/USD (Select the currency)

aud

Breaking through support at 1.0518, AUDUSD continues to hold a bearish bias in the short term. An extension lower towards subsequent support at 1.0425 is warranted.

Support Levels 1.0399 1.0438 1.0461

Resistance Levels 1.0523 1.0562 1.0585

  New to Forex? Visit our  Glossary!

Today's new term, Oops! Pattern.