EUR/USD Current price: 1.3265


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Employment figures in the US rocked the markets, with the economy creating “only” 162K  new jobs, while unemployment rate went down to 7.4%, the best reading since January 2009. Still the market decided to trigger a selloff in the greenback, and the EUR/USD soared up to 1.3283, 61.8% retracement of its latest short term slide. The hourly chart shows price holding pretty well near the high despite a spike down to 1.3230, maintaining a bullish tone as US stocks remain under pressure. Price needs to accelerate above daily high, to attempt a  retest of 1.3340 price zone.



Support levels: 1.3250 1.3220 1.3180



Resistance levels: 1.3295 1.3340 1.3385



GBP/USD Current price: 1.5243


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The GBP/USD also surged on the news, reaching 1.5257, entering US session with a strong bullish momentum according to the hourly chart, as indicators head north above their midlines. In the 4 hours chart however, price remains caped below 200 EMA around 1.5260, while indicators struggle around their midlines. The upward potential may get a boost on a break above mentioned daily high, while a close above the mentioned 200 EMA should signal an upward continuation for next week.



Support levels: 1.5220 1.5180 1.5140



Resistance levels: 1.5260 1.5300 1.5335



USD/JPY Current price: 99.26


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Having been bid for most of the past two days, the USD/JPY finally gave up on disappointing numbers, down to 98.80 after the news. The hourly chart shows price bounced from its 200 SMA, although indicators turner lower giving selling signals while price seems unable to recover above 99.50 immediate resistance. A break below the low should signal a downward continuation in the pair, down to 98.45 price zone, 100 DMA. 



Support levels: 99.20 98.80 98.45



Resistance levels: 99.50 99.80 100.10



AUD/USD Current price: 0.8895


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Dollar weakness was not enough to turn AUD/USD strong bearish trend, as the short lived spike higher was followed by a break to fresh lows at 0.8870. With dollar under pressure across the board, the pair may be reluctant to fall, yet still the bearish trend prevails. The hourly chart shows little strength, with price developing below 20 SMA and indicators standing in negative territory, while the 4 hours chart shows some bullish divergences coming from indictors. Still only a recovery above 0.9000 should signal an upward corrective movement, while new lows will deny the possibility of such correction higher.



Support levels: 0.8870 0.8835 0.8800



Resistance levels:  0.8960 0.9010 0.9030















































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