EUR/USD Current price: 1.3282
View Live Chart for the EUR/USD_20130117043329.gif "eur")
EURUSD established support at 1.3265, lending to a bout of consolidation on the session. Any upside corrections at this point will target resistance at the 1.3403 January 14th session high. Declines towards 1.3140 support remain dependent on a break of current support.
Support Levels 1.3185 1.3221 1.3255
Resistance Levels 1.3325 1.3361 1.3395
GBP/USD Current price: 1.5987
View Live Chart for the GBP/USD (Select the currency)_20130117043409.gif "gbpusd")
Falling on the session, GBPUSD is now testing support via the 1.6000 psychological figure. A further close below would precipitate a decline to 1.5928. Any converse retracement should see formidable resistance at 1.6100.
Support Levels 1.5851 1.5913 1.5958
Resistance Levels 1.6065 1.6127 1.6172
USD/JPY Current price: 88.20
View Live Chart for the USD/JPY (select the currency)_20130117043438.gif "usdjpy")
USDJPY held a bearish tone on the session, dipping to a low of 87.79. However, the pair has closed above the 88.29 support, lending to some upside potential. Buyers will likely see hard resistance at 89.47.
Support Levels 86.75 87.27 87.85
Resistance Levels 88.96 89.48 90.06
AUD/USD Current price: 1.0502
View Live Chart for the AUD/USD (Select the currency)_20130117043505.gif "gbpusd")
Stalling on the session, AUDUSD failed to make a positive move on the 1.0600 round figure. The failure to advance on the barrier is likely to prompt the major currency to dip to initial support at 1.0503 in the near term.
Support Levels 1.0490 1.0511 1.0541
Resistance Levels 1.0592 1.0613 1.0643
New to Forex? Visit our Glossary!Today's new term, Oops! Pattern.
Recommended Content
Editors’ Picks
EUR/USD turns negative near 1.0760
The sudden bout of strength in the Greenback sponsored the resurgence of the selling pressure in the risk complex, dragging EUR/USD to the area of daily lows near 1.0760.
GBP/USD comes under pressure and challenges 1.2500
GBP/USD now rapidly loses momentum and gives away initial gains, returning to the 1.2500 region on the back of the strong comeback of the US Dollar.
Gold retreats from highs on stronger Dollar, yields
XAU/USD trims part of its initial advance in response to the jump in the Dollar's buying interest and the re-emergence of the upside pressure in US yields.
XRP tests support at $0.50 as Ripple joins alliance to work on blockchain recovery
XRP trades around $0.5174 early on Friday, wiping out gains from earlier in the week, as Ripple announced it has joined an alliance to support digital asset recovery alongside Hedera and the Algorand Foundation.
Week ahead – US inflation numbers to shake Fed rate cut bets
Fed rate-cut speculators rest hopes on US inflation data. After dovish BoE, pound traders turn to UK job numbers. Will a strong labor market convince the RBA to hike? More Chinese data on tap amid signs of slow Q2 start.