EUR/USD Current price: 1.3588


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After non-dovish FED, a batch on negative European data finally took its’ toll on the EUR/USD sending the pair down to a daily low of 1.3583, where it stands. The strong drop in EU inflation was probably the main cause of this slide ahead on next week ECB meeting and the possibility of a more accommodative ECB stance then. The hourly chart shows no technical signs the pair is willing to correct higher, as indicators hold in oversold readings and price below 1.3600. In the 4 hours chart the bearish momentum also prevails, with a break below mentioned low, exposing 1.3540 in the short term.


Support levels:  1.3540 1.3500 1.3460


Resistance levels: 1.3610 1.3650 1.3710 



EUR/JPY Current price: 133.63


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The EUR/JPY lost nearly 200 pips still holding the negative bias according to the hourly chart, as indicators head lower in oversold territory, with short term sellers now surging around 133.70. In the 4 hours chart technical readings present a clear bearish tone, suggesting more slides ahead towards 132.80, next short term support. 


Support levels: 133.30 132.80 132.40 


Resistance levels: 133.90 134.50 134.90



GBP/USD Current price: 1.6041


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The GBP/USD traded in a tight range this Thursday, holding at least above the 1.6000 psychological figure, albeit unable to regain 1.6060 price zone. The hourly chart shows price right in the middle, hovering around its 20 SMA as indicators head slightly higher above their midlines. Despite positive, again the pair lacks clear upward strength. In the 4 hours chart price retraces from a strongly bearish 20 SMA while indicators stand in negative territory, which maintains the upside limited as long as below mentioned 20 SMA. 


Support levels: 1.6010 1.5970 1.5920


Resistance levels: 1.6060 1.6115 1.6150



USD/JPY Current price: 98.30


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The USD/JPY lost some ground this Thursday, although held above the 98.00 mark. The hourly chart shows price holding above moving averages that continue heading north , while indicators hover around their midlines, showing little selling interest around. In bigger time frames, technical readings are still strongly neutral, giving no clear clues on upcoming movements.


Support levels: 97.90 97.50 97.00 


Resistance levels: 98.40 98.80 99.30



AUD/USD Current price: 0.9456


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The AUD/USD early advance was unable to establish above 0.9510 Fibonacci resistance, and after reaching a daily high of 0.9524 the pair turned back south, entering Asian session at its lowest level of the day. The hourly chart maintains a negative tone, with indicators heading south below their midlines, while the 4 hours chart also supports a downward continuation, eyeing 0.9380 for the upcoming hours.


Support levels: 0.9450 0.9420 0.9380


Resistance levels:  0.9510 0.9540 0.9590















































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