EUR/USD Current price: 1.3355


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The EUR/USD losses some ground this Friday, having been as low as 1.3348 so far, in which seems some profit taking ahead of the weekend. Another day of falling stocks is taking its toll also putting high yielders under pressure. The EUR/USD hourly chart shows price below its 20 SMA, capping the upside now around 1.3375, while indicators head south in negative territory, pointing for a short term downward continuation: immediate support comes at 1.3340 area, where a short term ascendant trend line should attract buyers. Once below, next batch of bulls is aligned at the 1.33 level. 



Support levels: 1.3340 1.3300 1.3265



Resistance levels: 1.3375 1.3415 1.3445 



GBP/USD Current price: 1.5500


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The GBP/USD is challenging the 1.55 figure, also shedding gains this Friday, and short term bearish according to the hourly chart: price develops below a bearish 20 SMA as indicators head south into negative territory. Nevertheless, the dominant trend is still bullish as the 4 hours chart shows  price holding well above a bullish 20 SMA currently around 1.5460, and indicators flat in overbought territory. The downward correction may extend down to mentioned 1.5460 area, where buyers will likely intervene, halting the slide.



Support levels: 1.5460 1.5420 1.5380



Resistance levels: 1.5550 1.5600 1.5645



USD/JPY Current price: 96.45


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The USD/JPY regained the downside, trading again in red after yesterday’s upward correction. The hourly chart shows price well below its moving averages, with 100 one offering dynamic resistance around 97.20, probable top for today in case of recoveries; still with indicators presenting a strong bearish momentum, chances remain to the downside on a break below 96.20 immediate support.



Support levels: 96.20 95.70 95.30



Resistance levels: 96.80 97.20 97.60



AUD/USD Current price: 0.9163


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Australian dollar continues advancing against its American rival, following more Chinese encouraging data. The pair stands near its daily high of 0.9171 with the hourly chart showing indicators still heading higher despite in overbought territory. Further gains above mentioned high may see the pair attempting to break the 0.9200 figure, while only below 0.9130 the pair will turn negative for the rest of the day.



Support levels: 0.9130 0.9100 0.9070 



Resistance levels: 0.9170 0.9210 0.9260















































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