EUR/USD Current price: 1.3289
View Live Chart for the EUR/USD_20130116054451.gif "eur")
EURUSD dropped through near term support via the 1.3350 figure in the session. As a result, the setup portends towards a further extension lower through till 1.3200 psychological support. Any retracement higher will see formidable resistance at the 1.3400 round figure.
Support Levels 1.3118 1.3190 1.3250
Resistance Levels 1.3382 1.3454 1.3514
GBP/USD Current price: 1.6056
View Live Chart for the GBP/USD (Select the currency)_20130116054516.gif "gbpusd")
GBPUSD continued lower through the break of 1.6100 support, however, stalled ahead of 1.6035. The figure remains key to any further declines towards 1.5991 support. A positive correction would likely see barriers at 1.6116.
Support Levels 1.6033 1.5999 1.5965
Resistance Levels 1.6101 1.6135 1.6169
USD/JPY Current price: 88.06
View Live Chart for the USD/JPY (select the currency)_20130116054555.gif "usdjpy")
Failing to advance above 90 handle resistance, USDJPY plunged on the session, falling through the 89.00 handle. Further declines can be anticipated towards initial support via the 88.00 figure. Further downside violation of the aforementioned would place the 86.97 barrier into play.
Support Levels 88.20 87.56 86.83
Resistance Levels 89.56 90.29 90.93
AUD/USD Current price: 1.0553
View Live Chart for the AUD/USD (Select the currency)_20130116054633.gif "aud")
Stalling on the session, AUDUSD failed to make a positive move on the 1.0600 round figure during the session. The failure to advance on the barrier is likely to prompt the major currency to dip to initial support at 1.0503 in the near term.
Support Levels 1.0534 1.0506 1.0487
Resistance Levels 1.0581 1.0600 1.0628
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