EUR/USD Current price: 1.3609
View Live Chart for the EUR/USD_20130201032500.gif "eur")
EURUSD remains stalled ahead of 1.3600 resistance. The barrier should add to notions of a retracement in the short term. As a result, traders should be eyeing the 1.3489 figure as the first level of defense on the way down.
Support Levels 1.3491 1.3516 1.3545
Resistance Levels 1.3599 1.3624 1.3653
GBP/USD Current price: 1.5863
View Live Chart for the GBP/USD (Select the currency)_20130201032540.gif "gbpusd")
GBPUSD has broken through resistance via the 1.5822 figure, lending to further upside in the pair. Next up for the major pair seems to be the 1.5931 38.2% fib resistance barrier.
Support Levels 1.5700 1.5738 1.5801
Resistance Levels 1.5902 1.5940 1.6003
USD/JPY Current price: 91.83
View Live Chart for the USD/JPY (select the currency)_20130201032651.gif "usdjpy")
Resistance at 91.50 remains hovering over GBPUSD price action, lending a bearish bias on the currency. However, the fact that the major pair wasn’t able to close below the 90.56 January 28th session low is diminishing the bearish sentiment. Look for any short term correction to target 90.
Support Levels 90.23 90.48 90.94
Resistance Levels 91.64 91.89 92.35
AUD/USD Current price: 1.0408
View Live Chart for the AUD/USD (Select the currency)_20130201032735.gif "aud")
AUDUSD remained supported above the 1.0400 figure, lending to the day’s upside. A further extension is plausible – towards resistance which continues to lie at the 1.0500 round figure. Any converse decline will be met with support via the 1.0400 round figure and further below at the 1.0356 barrier.
Support Levels 1.0322 1.0351 1.0395
Resistance Levels 1.0468 1.0497 1.0541
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