EUR/USD Current price: 1.3047
View Live Chart for the EUR/USD_20130110025553.gif "eur")
Falling further below the 1.3100 psychological figure, EURUSD continues to keep a bearish bias in the near term. The next viable move should be a decline towards support at the 1.3000 round figure. Any retracement should see formidable resistance via the 1.3161 figure.
Support Levels 1.2974 1.3006 1.3032
Resistance Levels 1.3090 1.3122 1.3148
GBP/USD Current price: 1.6010
View Live Chart for the GBP/USD (Select the currency)_20130110025625.gif "gbpusd")
GBPUSD ended the session below 1.6050, bolstering the notion of another leg lower below the 1.6000 round figure. As a result, the next viable support figure remains the 1.5960 figure. Upside potential remains contingent on a break of the 1.6100 resistance barrier.
Support Levels 1.5903 1.5948 1.5985
Resistance Levels 1.6067 1.6112 1.6149
USD/JPY Current price: 88.06
View Live Chart for the USD/JPY (select the currency)_20130110025659.gif "usdjpy")
USDJPY failed to close above the 88.00 round figure resistance barrier, portending a likely dip to 86.00 in the near term. Any upside potential resides in a violation of the 88 round figure.
Support Levels 86.10 86.51 87.26
Resistance Levels 88.42 88.83 89.58
AUD/USD Current price: 1.0545
View Live Chart for the AUD/USD (Select the currency)_20130110025738.gif "aud")
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 1.0438 1.0462 1.0486
Resistance Levels 1.0534 1.0558 1.0582
New to Forex? Visit our Glossary!Today's new term, Oops! Pattern.
Recommended Content
Editors’ Picks
USD/JPY holds above 155.50 ahead of BoJ policy announcement
USD/JPY is trading tightly above 155.50, off multi-year highs ahead of the BoJ policy announcement. The Yen draws support from higher Japanese bond yields even as the Tokyo CPI inflation cooled more than expected.
AUD/USD extends gains toward 0.6550 after Australian PPI data
AUD/USD is extending gains toward 0.6550 in Asian trading on Friday. The pair capitalizes on an annual increase in Australian PPI data. Meanwhile, a softer US Dollar and improving market mood also underpin the Aussie ahead of the US PCE inflation data.
Gold price keeps its range around $2,330, awaits US PCE data
Gold price is consolidating Thursday's rebound early Friday. Gold price jumped after US GDP figures for the first quarter of 2024 missed estimates, increasing speculation that the Fed could lower borrowing costs. Focus shifts to US PCE inflation on Friday.
Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high
Stripe announced on Thursday that it would add support for USDC stablecoin, as the stablecoin market exploded in March, according to reports by Cryptocompare.
Bank of Japan expected to keep interest rates on hold after landmark hike
The Bank of Japan is set to leave its short-term rate target unchanged in the range between 0% and 0.1% on Friday, following the conclusion of its two-day monetary policy review meeting for April. The BoJ will announce its decision on Friday at around 3:00 GMT.