EUR/USD Current price: 1.3359


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Quiet European session sees majors consolidating at daily highs against the greenback, under strong pressure since past American session: late US, earning reports were enough to revert stocks losses by the close, while over Asian hours, improved Chinese data gave dollar another hit in the chin.  With little follow trough over the last few hours as per no volumes around, the EUR/USD trades near its daily high of 1.3368, finding short term buyers in former high around 1.3340. The hourly chart maintains the positive tone although indicators turned flat: rallies towards 1.3415 June high are favored, as long as retracements find support in the 1.3300 area.



Support levels: 1.3340 1.3300 1.3265



Resistance levels: 1.3370 1.3415 1.3445



GBP/USD Current price: 1.5510


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Steady around the highs, the GBP/USD trades in a 40 pips range after yesterday’s wild ride, consolidating its gains right below the 78.6% retracement of its latest daily fall around 1.5550, key resistance level over the upcoming hours. Technical readings reflect the lack of movements in price, maintaining a neutral stance both in 1 and 4 hours charts; however, a price acceleration above mentioned Fibonacci resistance should open doors for further advances eyeing then the 1.5770 price zone.



Support levels: 1.5460 1.5420 1.5370



Resistance levels: 1.5520 1.5550 1.5600



USD/JPY Current price: 96.14


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Flirting with the 96.00 figure, the USD/JPY holds to the bearish trend triggered by last US NFP data, supported today by BOJ inability to surprise the market. The hourly chart shows 100 SMA crossing below 200 one in the 98.00 area, while indicators retrace from their midlines and head back south. In bigger time frames, technical readings also present a clear bearish tone, that supports a retest of June’s lows around 93.70 for the upcoming days.



Support levels:  96.05 95.70 95.40



Resistance levels: 96.40 96.80 97.20 



AUD/USD Current price: 0.8989


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Despite Australian employment figures shown the situation continues worsening, AUD surged amid much better than expected Chinese Trade Balance.  The AUD/USD surged up to 0.9095 and holds nearby, with the hourly chart showing indicators heading south in positive territory, and 20 SMA now offering dynamic support around 0.9040. In the 4 hours chart technical readings support a continuation of current rally, on a break above 0.9100 up to 0.9140 static resistance level. 



Support levels: 0.9070 0.9040 0.9000 



Resistance levels:  0.9100 0.9140 0.9185















































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