EUR/USD Current price: 1.2924
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Resistance via the 1.3000 round figure continues to loom over EURUSD near term price action. Any bullish momentum is likely to mount, should the major currency close above the psychological figure. Otherwise, any declines, for now, are likely to be minimized by the 1.2830 38.2% fib support.
Support levels: 1.2880 1.2840 1.2800
Resistance levels: 1.2930 1.2970 1.3010
GBP/USD Current price: 1.6088
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Additional declines can be expected for GBPUSD, with the pair still remaining below the 1.6175 resistance barrier. Attention is now being placed on the 1.5955 38.2% fib support figure, as a result. Any converse upside correction is likely be to challenged by the 1.6175 round figure barrier.
Support levels: 1.6060 1.6010 1.5970
Resistance levels: 1.6090 1.6125 1.6150
USD/JPY Current price: 78.49
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USDJPY continues to extend off of a bounce of the 77.50 figure in the beginning of the week. Now closing above the 78 handle, further advances towards resistance at 79 can be anticipated.
Support levels: 78.40 78.10 77.80
Resistance levels: 78.80 79.05 79.30
AUD/USD: Current price: 1.0213
View Live Chart for the AUD/USD (select the currency)
The 1.0175/1.0200 support area remains intact for AUDUSD, likely portending to some respite given the decline in recent days. Should the barrier be broken to the downside, it would activate support targets via the 1.0099 July 12th session low. Upside retracements would target the 1.0400 handle.
Support levels: 1.0190 1.0160 1.0125
Resistance levels: 1.0240 1.0270 1.0300
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