EUR/USD Current price: 1.3120


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The EUR/USD starts the week slightly higher, trading above 1.3100 after Friday US employment figures up beat expectations and sent local share markets to fresh all time highs. Initial dollar gains were erased by high yielders demand, leaving the EUR/USD finally unchanged from pre news level. As a new week starts, the hourly chart  shows a slightly positive tone, with price above 20 SMA and indicators in positive territory, although no actual strength is seen, as price hovers around the Fibonacci 1.3115 level. The 4 hours chart maintains a negative tone, with indicators heading south below their midlines and 20 SMA capping the upside around 1.3140: renewed selling interest below 1.3100 should lead to more slides with 1.3000/40 then at sight for today. 



Support levels: 1.3115 1.3070 1.3040 



Resistance levels: 1.3150 1.3190 1.3225



EUR/JPY Current price: 130.08


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The EUR/JPY surged amid strong yen weakness, but further gains are dependent on EUR self strength also, something not quite clear at the time being. Overbought according to the hourly chart, the pair consolidates recent gains finding short term buying interest around 129.70 immediate support. The intraday bias remains positive as long as above the level, with 131.10 as main resistance level, being recent multi-month high. Corrective movements below mentioned support, will see the slide extending up to 128.80 price zone  today.



Support levels: 129.70 129.30 128.80



Resistance levels: 130.30 130.80 131.10



GBP/USD Current price: 1.5560


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Pound trades in range against the greenback, right below 1.5605, past week high and 50% retracement of its latest daily fall, maintaining a pretty neutral stance in the short term, despite main trend remains bullish. The hourly chart shows price in a tight range above 20 SMA and momentum flat above 100, while in the 4 hours chart technical readings hold in neutral territory: risk to the downside comes with a break below 1.5490, as while above the upside remains favored.



Support levels:  1.5540 1.5490 1.5450 



Resistance levels: 1.5610 1.5650 1.5690



USD/JPY Current price: 99.17


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The USD/JPY holds to recent gains, standing above 99.00 and pressuring higher despite the hourly chart shows indicators in overbought territory. Trading above 98.80 and with a high around 99.25, a break above this  last should signal an upward continuation towards 99.60/70 area in the short term, ahead of elusive 100.00. In bigger time frames, technical readings are still bullish, with momentum heading higher above 100 in the 4 hours chart, suggesting more gains are yet to come.



Support levels: 98.80 98.40 98.10 



Resistance levels: 99.25 99.60 100.00



AUD/USD: Current price: 1.0296


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Aussie eases with the new week, still capped below 1.0335 area against the greenback. With RBA economic policy decision tomorrow, and some talking coming from Australian authorities on how a strong Aussie may harm economy, investors are not in a rush to buy. The hourly chart shows technical readings still positive as price eases from Friday’s high, struggling around 1.0300 area, while in the 4 hours chart bias is still negative, as price develops right above a bearish 20 SMA, while indicators hold in negative territory. A break below 1.0260 will favor a downward acceleration, with 1.0220 then at sight.



Support levels: 1.0260 1.0220 1.0170



Resistance levels: 1.0335 1.0380 1.0410


































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