EUR/USD Current price: 1.3498


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The EUR/USD losses ground ahead of US opening, having been as high as 1.3559 in the Asian session. With little data around, market is moving mostly on sentiment and further chic chatting from ECB officers, suggesting further rate cuts are possible in the EU. The hourly chart shows price accelerating below its 20 SMA as indicators gains bearish potential below their midlines, as price struggles around key 1.35 level. In the 4 hours chart price is back below its 200 EMA, while indicators stand flat in positive territory, showing little strength either side of the board. The pair has found intraday support lately around 1.3470, and a break below is required to see further slides towards 1.3430, a short term ascendant trend line coming from 1.3293 low.


Support levels: 1.3470 1.3430 1.3390


Resistance levels: 1.3520 1.3550 1.3580 



GBP/USD Current price: 1.6161


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Pound eases against the greenback from the 1.6236 daily high, presenting a short term bearish tone according to the hourly chart, as indicators head south below their midlines, although price has found support for now around 1.6160. In the 4 hours chart price stands now around a bullish 20 SMA that offers some short term support, while indicators turn south still holding in positive territory: a price acceleration below 1.6160 should open doors for further sides, with 1.6085 as probable bottom for today.


Support levels: 1.6160 1.6120 1.6085


Resistance levels: 1.6190 1.6225 1.6250 



USD/JPY Current price: 101.71


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The USD/JPY flirted with 102.00 holding nearby and maintaining the positive tone in the hourly chart, as momentum grinds back higher after a limited downward correction and price stands well above moving averages. The 4 hours chart shows indicators losing upward momentum and turning lower, still near overbought levels, suggesting a limited bearish corrective movement before a new leg up.


Support levels: 101.80 101.35 101.05 


Resistance levels: 102.00 102.30 102.65



AUD/USD Current price: 0.9166


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The AUD/USD trades around the weekly opening level, having extended its slide down to 0.9118. The bearish dominant trend remains well defined, as the hourly chart shows indicators corrected oversold readings and retrace now from their midlines, heading back south. In the 4 hours chart a strongly bearish 20 SMA maintains a strong bearish slope currently offering dynamic resistance around 0.9220 while indicators hold in oversold territory. Selling interest is still strong, and spikes are seen as selling opportunities.


Support levels: 0.9140 0.9110 0.9060


Resistance levels: 0.9190 0.9220 0.9260 















































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