EUR/USD Current price: 1.3804


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EUR/USD inched higher after posting a daily low of 1.3774 surging back above the 1.3800 as S&P reaches a fresh all time high in current US session. Earlier on the day, dollar attempted to advance against its rivals, but the rally was restricted also by worse than expected pending home sales. Anyway, the pair has been trading around this 1.3800 figure already for a week, with little room to move either side of it, leaving technical readings in neutral territory for most of the time. However, the bullish trend prevails: there’s little interest to buy the greenback and rising stocks are doing no good to the US currency. Expect downside corrective movements to continue attracting buyers, all the way down to 1.3710.


Support levels: 11.4770 1.3740 1.3710 


Resistance levels: 1.3835 1.3860 1.3900



EUR/JPY Current price: 134.78


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Yen weakness extended through this Monday, although the pair was unable to overcome strong static resistance area around 134.90. The hourly chart shows price holding above 100 and 200 SMAs, while indicators stand flat around their midlines. In the 4 hours chart technical readings are a bit more positive, with indicators grinding higher above their midlines: a price acceleration above mentioned 134.90 level, should favor a retest of 135.50 this year high. 


Support levels: 134.50 133.90 133.55 


Resistance levels: 134.90 135.50 136.00



GBP/USD Current price: 1.6159


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The GBP/USD trades lower, pressured by BOE’s Miles words, stating that it would be “pretty catastrophic” to raise interest rates before unemployment in the UK is down by a meaningful amount. However, buyers defended the downside around 1.6120 strong static support level, from where the pair is now bouncing higher. The hourly chart shows price still below its 20 SMA while indicators stand in negative territory, limiting further gains; a short term ascendant trend line broken earlier today also caps the upside, now around 1.6165. In the 4 hours chart technical readings maintain a bearish tone, and only a clear recovery above mentioned resistance should give some further release to the pair. A break below mentioned 1.6120 on the other hand, should see the pair extending the slide, with 1.5970 as next big support to watch.


Support levels: 1.6120 1.6085 1.6040


Resistance levels: 1.6165 1.6225 1.6260 



USD/JPY Current price: 97.63


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The USD/JPY losses its upward momentum despite strong indexes, easing from a daily high of 97.77. The hourly chart shows indicators nearing their midlines, with 100 SMA still heading south despite below current price, now around 97.40. In bigger time frames, the technical stance is still quite neutral, with the upside limited by 98.40, 100 DMA.


Support levels: 97.40 97.00 96.70


Resistance levels: 97.90 98.40 98.80



AUD/USD Current price: 0.9579


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Intraday unchanged, the AUD/USD remains stuck around 0.9570, consolidating right above 0.9554 daily low. The hourly chart shows price steady below a flat 20 SMA as indicators low the bearish potential and turn flat in negative territory. In the 4 hours technical readings hold in negative territory, although showing no real strength: the pair will likely hold its breath ahead of RBA governor Glenn Stevens’ speech during upcoming Asian session.


Support levels: 0.9570 0.9520 0.9490


Resistance levels:  0.9620 0.9680 0.9720















































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