EUR/USD Current price: 1.3085


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Market expectations on upcoming Central Banks decisions, are keeping majors in tight ranges, with the EUR/USD trading today in between 1.3040 and 1.3120. The hourly chart shows a slightly bearish tone prevailing, as indicators hold below their midlines and price below its 20 SMA, although only below 1.3040 the pair may gather some bearish momentum. In the 4 hours chart technical readings are also flat, and will probably remain so until tomorrow’s FOMC decision. 



Support levels: 1.3070 1.3040 1.3000 



Resistance levels: 1.3115 1.3150 13200



GBP/USD Current price: 1.5498


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Intraday unchanged, GBP/USD also moved to waiting mode, with the pair hovering around 1.5500 and short term technical readings flat. However, the dominant trend continues to be bullish, as the pair holds well above 1.5420, 38.2% retracement of its latest daily fall. A break above 1.5550 however, is now required to confirm an advance towards 1.5610 price zone, next Fibonacci resistance.



Support levels:  1.5490 1.5450 1.5420 



Resistance levels: 1.5540 1.5585 1.5610



USD/JPY Current price: 97.73


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USD/JPY bounces again from 97.35, although maintains the overall bearish tone according to the hourly chart, as price develops below 100 and 200 SMA’s, while indicators hold in negative territory. Gains above 98.00 had remained limited so far, suggesting more downward pressure ahead, with 96.70 as key support to follow, and probable bearish target for the upcoming sessions.



Support levels: 97.50 97.20 96.80



Resistance levels: 98.20 98.60 99.10  



AUD/USD: Current price: 1.0342


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The AUD/USD managed to extend its gains up to 1.0371 during past Asian session, having eased back to find some buyers around 1.0330. The hourly chart shows indicators heading south below their midlines with price below a flat 20 SMA, yet unless below mentioned support area, the downside will remain limited. In the 4 hours chart technical readings hold in positive territory, but losing upward momentum, which suggest not much buying interest around. 1.0410 should cap the upside on any attempt to run higher today.



Support levels: 1.0335 1.0310 1.0260 



Resistance levels: 1.0380 1.0410 1.0440






























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