EUR/USD Current price: 1.3071
View Live Chart for the EUR/USDReversing directions and moving lower, EURUSD continues to feel the effects of 1.3150 resistance. As a result, the next viable move seems to be lower towards 1.2980 support. Further penetration lower would activate lower support targets at the 1.2900 figure.
Support Levels 1.2964 1.3011 1.3046
Resistance Levels 1.3128 1.3175 1.3210
GBP/USD Current price: 1.6046
View Live Chart for the GBP/USD (Select the currency)Failing to break back above the 1.6131 figure, GBPUSD has declined through 1.6100 round support. Further downside declines remain contingent on the major’s ability to penetrate the 1.5986 barrier. The scenario would shift sights towards a test of 1.5912 October 23rd session low.
Support Levels 1.5927 1.5978 1.6019
Resistance Levels 1.6111 1.6162 1.6203
USD/JPY Current price: 87.46
View Live Chart for the USD/JPY (select the currency)With a confirmed break below the 88.00 round figure, USDJPY ‘s prospects remain bearish. Expectations now surround the likelihood of a test of the 86.00 round figure.
Support Levels 85.63 86.23 86.60
Resistance Levels 87.57 88.17 88.54
AUD/USD Current price: 1.0495
View Live Chart for the AUD/USD (Select the currency)Resistance via the 1.0531 figure looms over AUDUSD upside, forcing the major to consolidate for the fourth straight session. Expectations are now emerging of a decline towards 1.0400 support in the near term, on a failed attempt to break above the resistance barrier.
Support Levels 1.0437 1.0454 1.0484
Resistance Levels 1.0531 1.0548 1.0578
New to Forex? Visit our Glossary!
Today's new term, Oops! Pattern.
Recommended Content
Editors’ Picks
EUR/USD faces decent contention around 1.0600
The knee-jerk in the Greenback reignited some buying interest in the risk complex and pushed EUR/USD to three-day highs near 1.0680, rapidly leaving behind the recent yearly low around 1.0600.
GBP/USD stabilizes at around 1.2450 after UK inflation data
GBP/USD consolidates its daily gains near 1.2450 after recovering toward 1.2500 with the immediate reaction to stronger-than-expected inflation data from the UK. The renewed US Dollar weakness also helps the pair hold its ground.
Gold eases despite risk-off mood
Gold trades in a relatively tight range near $2,390 in the second half of the day on Wednesday. In the absence of high-tier data releases, investors keep a close eye on headlines surrounding the Iran-Israel conflict.
Ethereum trades around the $3,000 support following a surge in validator queue
Ethereum (ETH) continued a sideways movement on Wednesday as investors seemed to be waiting for an upward or downward price catalyst. Despite the price stagnancy, the ETH validator queue - possibly fueled by the DeFi restaking boom - rose sharply.
World economy: To cut or not to cut (simultaneously)?
US inflation March figure, again higher than expected, put an end to the scenario of a simultaneous first rate cut by the Fed, the ECB, and the BoE in June.