EUR/USD Current price: 1.2987


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The EUR/USD trades back below the 1.30 mark, having already reached a daily low of 1.2954 on disappointing IFO readings early Europe. Latest slide however, comes from US data, as Durable Goods orders fell well below expectations, putting some pressure on stocks after yesterday impressive rally. The hourly chart shows price below 20 SMA and indicators heading lower getting into negative territory, while in the 4 hours chart technical readings hold a negative stance:  a candle opening below 1.2970 or an acceleration below the level will confirm further falls for today, as long as 1.3040 maintains the upside limited.



Support levels: 1.2970 1.2925 1.2880



Resistance levels: 1.3040 1.3070 1.3115



GBP/USD Current price: 1.5262


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The GBP/USD holds to its neutral stance, pivoting around the 1.5260 area, and unable to set a clear trend. Short term time frames show technical readings in positive territory, yet with no upward momentum, while in the 4 hours chart the picture is pretty much the same. Sellers gather around the 1.5300 area and buyers in the 1.5190/1.5210 price zone, so unless a clear break of  any extreme, there’s not much to expect from the pair.



Support levels:  1.5225 1.5190 1.5150



Resistance levels: 1.5280 1.5300 1.5330 



USD/JPY Current price: 99.45


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The USD/JPY holds to its latest range, with 100 SMA advancing over 200 one, currently around 99.15, offering short term support to the pair. Leaving aside the kneejerk suffered past US session, trading has been pretty uneventful in the pair, as proximity to 100.00 seems to discourage buyers at the time being, who anyway take every dip to jump in. In bigger time frames, the outlook continues to be bullish, although showing not enough momentum at the time being, and with stocks so far hovering around their opening, there’s not much chances of a big move in the pair. 



Support levels: 99.20 99.00 98.60



Resistance levels: 99.70 100.00 100.35 



AUD/USD: Current price: 1.0272


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AUD advanced further against the greenback, approaching 1.0300 where sellers pushed the pair back lower. The hourly chart shows price above 20 SMA and indicators turning flat around their midlines, showing certain hesitation to sell at current levels. In the 4 hours chart however, bias remains to the downside, with indicators retracing from their midlines and price struggling around a bearish 20 SMA: steady losses below 1.0260 will open doors for a quick retest of the 1.0220 area today.



Support levels: 1.0260 1.0220 1.0180 



Resistance levels: 1.0300 1.0335 1.0370


























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