EUR/USD Current price: 1.3033
View Live Chart for the EUR/USD_20130104034754.gif "eur")
Penetrating support at 1.3119, EURUSD price action looks set for another move lower towards subsequent support at 1.2998. Further penetration through the support barrier would prompt a test of 1.2892. Expect any retracement to be held at bay by the 1.3200 psychological figure.
Support Levels 1.2855 1.2951 1.3001
Resistance Levels 1.3147 1.3243 1.3293
GBP/USD Current price: 1.6075
View Live Chart for the GBP/USD (Select the currency)_20130104034832.gif "gbpusd")
Violating support via the 1.6163, GBPUSD continues to remain bearishly tilted in the near term. As a result, support at 1.6018 is being eyed as the next viable support test. Any correction higher will be met with resistance at 1.6200.
Support Levels 1.5879 1.5986 1.6045
Resistance Levels 1.6211 1.6318 1.6377
USD/JPY Current price: 87.73
View Live Chart for the USD/JPY (select the currency)_20130104034902.gif "usdjpy")
A hanging man has emerged ahead of 88 handle resistance in USDJPY. The barrier should act as impetus for a move lower in the pair, towards initial support at 86.25.
Support Levels 86.23 86.50 86.85
Resistance Levels 87.47 87.74 88.09
AUD/USD Current price: 1.0437
View Live Chart for the AUD/USD (Select the currency)_20130104034936.gif "aud")
AUDUSD failed to close above 1.0500 round figure resistance, lending to the session’s decline. Additional declines are anticipated towards support via the 1.0403 figure, which is being reinforced by 1.0350 support.
Support Levels 1.0369 1.0415 1.0440
Resistance Levels 1.0511 1.0557 1.0582
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