EUR/USD Current price: 1.3453
View Live Chart for the EUR/USD_20130128033231.gif "eur")
EURUSD finally broke through the range bound channel that has preoccupied the currency pair for the last two weeks. Now higher through 1.3400, the single currency has the potential to appreciate towards 1.3550 resistance. However, the notion remains dependent on a close above 1.3477 resistance.
Support Levels 1.3381 1.3299 1.3250
Resistance Levels 1.3512 1.3561 1.3643
GBP/USD Current price: 1.5756
View Live Chart for the GBP/USD (Select the currency)_20130128033319.gif "gbpusd")
Although rebounding off of 1.5766 support, GBPUSD technical bias remains bearish. Supportive of the notion remains the pair’s inability to rise back above the 1.5820 resistance barrier. Next up for bears will be 1.5734 support.
Support Levels 1.5757 1.5711 1.5675
Resistance Levels 1.5839 1.5875 1.5921
USD/JPY Current price: 91.07
View Live Chart for the USD/JPY (select the currency)_20130128033407.gif "usdjpy")
USDJPY skyrocketed through 90.50 resistance, lending a seemingly perpetual bullishness over the currency pair. Subsequently, the move opens scope for an advance on the 92 figure. Any retracement at this point would target the 90.50 support figure.
Support Levels 90.50 89.93 89.58
Resistance Levels 91.43 91.78 92.35
AUD/USD Current price: 1.0427
View Live Chart for the AUD/USD (Select the currency)_20130128033449.gif "aud")
Bearish selling remained intact for the session, suppressing any advances by the Australian dollar. Technically, the pair has broken through key support via the 1.0425 figure. The penetration purports further declines towards 1.0361 support.
Support Levels 1.0384 1.0359 1.0315
Resistance Levels 1.0453 1.0497 1.0522
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