EUR/USD Current price: 1.3313
View Live Chart for the EUR/USD_20130124023939.gif "eur")
Finding some support via the 1.3282 figure, EURUSD remains consolidating in the near term. A break above resistance at 1.3400, or below 1.3282 support is required to establish directional bias.
Support Levels 1.3268 1.3221 1.3177
Resistance Levels 1.3359 1.3403 1.3450
GBP/USD Current price: 1.5835
View Live Chart for the GBP/USD (Select the currency)_20130124024034.gif "gbpusd")
GBPUSD is currently finding support via the1.5800 figure, lending some credence to an upside move. Any retracement is likely to seek out resistance via 1.5931. Subsequent downside breaks will open scope for a decline to 1.5700.
Support Levels 1.5799 1.5754 1.5706
Resistance Levels 1.5892 1.5940 1.5985
USD/JPY Current price: 88.74
View Live Chart for the USD/JPY (select the currency)_20130124024102.gif "usdjpy")
Finding support via the 87.97 figure, the USDJPY remains well below broken resistance of 89.00. Failure to break back above the figure would prompt a decline towards 87.00 in the near term.
Support Levels 88.23 87.77 87.48
Resistance Levels 88.98 89.27 89.73
AUD/USD Current price: 1.0543
View Live Chart for the AUD/USD (Select the currency)_20130124024152.gif "aud")
Failing to rise above the 1.0582 resistance barrier, AUDUSD near term prospects remain bearish. Initial support at 1.0500, as a result, is now being eyed. Subsequent penetration below the figure would activate support via the 1.0487 figure.
Support Levels 1.0527 1.0502 1.0477
Resistance Levels 1.0577 1.0602 1.0627
New to Forex? Visit our Glossary!Today's new term, Oops! Pattern.
Recommended Content
Editors’ Picks
EUR/USD clings to gains near 1.0700, awaits key US data
EUR/USD clings to gains near the 1.0700 level in early Europe on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data.
USD/JPY keeps pushing higher, eyes 156.00 ahead of US GDP data
USD/JPY keeps breaking into its highest chart territory since June of 1990 early Thursday, recapturing 155.50 for the first time in 34 years as the Japanese Yen remains vulnerable, despite looming intervention risks. The focus shifts to Thursday's US GDP report and the BoJ decision on Friday.
Gold closes below key $2,318 support, US GDP holds the key
Gold price is breathing a sigh of relief early Thursday after testing offers near $2,315 once again. Broad risk-aversion seems to be helping Gold find a floor, as traders refrain from placing any fresh directional bets on the bright metal ahead of the preliminary reading of the US first-quarter GDP due later on Thursday.
Injective price weakness persists despite over 5.9 million INJ tokens burned
Injective price is trading with a bearish bias, stuck in the lower section of the market range. The bearish outlook abounds despite the network's deflationary efforts to pump the price.
Meta takes a guidance slide amidst the battle between yields and earnings
Meta's disappointing outlook cast doubt on whether the market's enthusiasm for artificial intelligence. Investors now brace for significant macroeconomic challenges ahead, particularly with the release of first-quarter GDP data.