EUR/USD Current price: 1.2857
EURUSD has continued to fall since the evening star formation was confirmed ahead of 1.3100 psychological resistance. Price action has dropped through the 1.2950 barrier. Support is now being seen in the area of the 1.2742 June 20th session high.
Support levels: 1.2840 1.2795 1.2745
Resistance levels: 1.2910 1.2930 1.2970
GBP/USD Current price: 1.5992
Closing below the 1.6100 round figure support barrier, GBPUSD remains bearish for the near term. Support is now being eyed at the 1.5911 August 23rd session high for the time being. Any retracement would require break back above the 1.6100 to be considered bullish.
Support levels: 1.5980 1.5940 1.5910
Resistance levels: 16000 1.6030 1.6060
USD/JPY Current price: 78.21
USDJPY has retested support via the 78.00 figure. A bounce here would set sights on a test of resistance via the 78.86 October 5th session high. A break through the handle support barrier would ensure a test of 77.50.
Support levels: 78.10 77.90 77.65
Resistance levels: 78.50 78.80 79.10
AUD/USD: Current price: 1.0203
AUDUSD has formed the second consecutive doji candlestick formation in as many days just ahead of 1.0161 support. A rebound here would activate upside targets at 1.0353. Oversold technical signals support the positive outlook.
Support levels: 1.0200 1.0160 1.0120Resistance levels: 1.0235 1.0270 1.0300
Today's new term is Outright Monetary Transaction.