EUR/USD Current price: 1.2928
Resistance via the 1.3000 round figure is looming over short term EURUSD bullishness. The figure could keep any extended bullish momentum at bay, forcing a retest of the 1.2803 October 1st session low. A break above the 1.3000 would prompt a test of 1.3070 resistance.
Support levels: 1.2910 1.2875 1.2840
Resistance levels: 1.2945 1.2970 1.3000
GBP/USD Current price: 1.6045
Finding support via the 1.5975 figure, GBPUSD has now formed a morning star pattern. However, resistance at 1.6100 could keep any bullish advance at a minimum. Look for further consolidation with the aforementioned 1.5975 acting as near term support.
Support levels: 1.6000 1.5970 1.5940
Resistance levels: 1.6065 1.6090 1.6120
USD/JPY Current price: 78.38
Support at 78.18 helped in sparking a bounce in USDJPY. Resistance is now seen at 78.50, with a close above supportive of an advance to 79 handle resistance. Any downside violation would leave the 77.50 figure open for retest.
Support levels: 78.10 77.90 77.65
Resistance levels: 78.80 79.10 79.30
AUD/USD: Current price: 1.0261
Continuing higher for the fourth straight session, AUDUSD looks set for an extension higher to intermediate resistance via 1.0343 38.2% fib resistance. Any correction is likely to be held at bay by the 1.0200 psychological level.
Support levels: 1.0260 1.0220 1.0190
Resistance levels: 1.0300 1.0335 1.0380
Today's new term is Discount Rate.