EUR/USD Current price: 1.3214


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The EUR/USD surged to a fresh 2-month high during thin European markets, posting 1.3241 before easing some ahead of the US opening. American indexes along with commodities are trading in negative territory after the opening bell, favoring a small dollar recovery that anyway maintains the red across the board. The EUR/USD hourly chart shows price consolidating right below the 50% retracement of its latest daily fall around 1.3225, immediate resistance, while indicators head higher in positive territory. 1.3185 comes as immediate support, and as long as above, further gains should be expected, with renewed buying interest above mentioned Fibonacci resistance opening doors for a continuation towards 1.3320/40 price zone.



Support levels: 1.3185 1.3150 13115 



Resistance levels: 1.3225 1.3260 1.3295



GBP/USD Current price: 1.5568


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Pound extended also its advance against the greenback, surging to 1.5578 so far today. Despite consolidating in a tight range for the last few hours, the bullish bias remains intact and corrective movements are seen limited. The hourly chart shows price finding support in its 20 SMA, currently around 1.5540, while indicators aim slightly higher above their midlines. In the 4 hours chart indicators maintain a neutral stance in positive territory, as per turning flat over the past 2 days. A strong Fibonacci resistance is located around 1.5610 with a break above this last pointing for an acceleration in the pair’s gains.



Support levels:  1.5540 1.5490 1.5450 



Resistance levels: 1.5580 1.5610 1.5650



USD/JPY Current price: 97.43


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The USD/JPY continues heading south today, with the pair pressuring the 97.00/10 area, and the hourly chart showing indicators turning south after attempting to recover positive ground during the Asian session. Mostly unchanged since previous updates, the level to watch to the downside continues to be the 96.70 congestion zone, as a break below should signal further falls in the pair, up to 94.00/20 price zone.



Support levels: 97.10 96.70 96.35



Resistance levels: 97.50 97.80 98.20 



AUD/USD: Current price: 1.0299


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Aussie is being hit by falling stocks and commodities, with the pair struggling around 1.0300. The hourly chart shows a strong bearish momentum, while in the 4 hours chart indicators approach their midlines heading strongly south, which suggests a candle opening around current levels, well might trigger a bearish continuation. 1.0260 comes as immediate support, ahead of past week low around 1.0220.



Support levels: 1.0295 1.0260 1.0220



Resistance levels: 1.0335 1.0380 1.0410 































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