EUR/USD Current price: 1.3561


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The EUR/USD presents some modest intraday gains having been quite choppy this Tuesday, albeit trading in a limited range. Speculations about upcoming ECB movement was again the main issue during European trading hours, although as usual nothing certain come from officers talks. During the US session, Consumer confidence dropped, keeping investors in cautious mode ahead of tomorrow’s hurdle of American data. As for the technical aspect, the EUR/USD hourly chart maintains a strong neutral stance in the hourly with the upside still favor as per price developing above some short term speed lines coming from 1.3240. Immediate resistance to overcome to confirm an upward extension comes at 1.3580, past week high.


Support levels: 1.3520 1.3470 1.3430


Resistance levels: 1.3550 1.3580 1.3620



EUR/JPY Current price: 137.32


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The EUR/JPY consolidated in a tight range, still holding above 137.10 23.6% retracement of its latest bullish run. The hourly chart shows price still above bullish moving averages, while momentum stands around its midline and CCI turns lower, reflecting the lack of interest around current levels. In the 4 hours chart indicators continue diverging from price, heading strongly south and approaching their midlines and suggesting some downward correction ahead moreover if mentioned support gives up. To recover the upward momentum, price needs to accelerate beyond 138.10 strong static resistance area.


Support levels:  137.10 136.60 136.10 


Resistance levels: 137.70 138.10 138.50 



GBP/USD Current price: 1.6188


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The GBP/USD recovered some of the ground lost on Monday, stalling right below the 1.6200 mark. Ahead of Asian opening, the hourly chart shows a slightly positive tone, with momentum heading north above 100 and 20 SMA turning higher below current price. Still indicators are far from signaling the possibility of a strong continuation. In the 4 hours chart price hovers around a bullish 20 SMA while indicators hold in neutral territory. Steady gains above 1.6200 may see the pair testing 1.6250 area, strong midterm resistance, although further gains seem unlikely for now.


Support levels: 1.6160 1.6120 1.6085 


Resistance levels: 1.6200 1.6250 1.6290



USD/JPY Current price: 101.25


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The USD/JPY breaks lower reaching fresh weekly lows as US session fades, nearing the 100 SMA in the hourly chart currently at 101.15 and immediate support. Indicators in the same time frame gain bearish momentum below their midlines as 4 hours chart also shows an increasing bearish potential that suggests a test of 100.45 former high for the upcoming hours if the 101.00 level gives up.


Support levels: 101.15 100.90 100.45


Resistance levels: 101.60 102.00 102.30 



AUD/USD Current price: 0.9126


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Aussie sunk to 0.9086 against the greenback bouncing some rather on exhaustion and profit taking than anything else. The hourly chart shows indicator after correcting extreme oversold readings still lacking upward strength, as price develops below a bearish 20 SMA. In the 4 hours technical readings also stand in negative territory while 20 SMA offers dynamic resistance now around 0.9160, supporting the dominant bearish trend although an upward corrective movement can’t be ruled out right now. Nevertheless, approaches to the 0.9200 area will likely attract selling interest and limit the pair advance. 


Support levels: 0.9100 0.9060 0.9020


Resistance levels: 0.9160 0.9210 0.9260















































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