EUR/USD Current price: 1.3255


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The EUR/USD has shown little progress this Monday, trading between 1.3230 and 1.3300 as it has become usual over the past couple of weeks. The negative tone in stocks and commodities gave some support to the greenback, although the currency has been far from running higher. Ahead of Asian opening, the EUR/USD maintains the slightly negative tone in the hourly chart as price held below 20 SMA that maintains the bearish slope, while indicators head south below their midlines. In the 4 hours chart the pair maintains the neutral stance seen on previous updates, giving no leads on upcoming moves.



Support levels: 1.3230 1.3180 1.3140



Resistance levels: 1.3295 1.3340 1.3385



EUR/JPY Current price: 130.30


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The EUR/JPY saw a continued selling over this Monday, with the pair nearing 130.00 at the time being, and maintaining the negative tone seen on the weekly opening: price slide extended below the 38.2% retracement of its latest daily fall, after the upward corrective movement found a halt at the 78.6% retracement of the same rally. The hourly chart shows price below 100 and 200 SMAs, both around 130.70/80 now, as indicators head south in negative territory, supporting further falls. Current 130.30/60 area is quite a congestion zone, with several intraday highs and lows from the past couple of months:  clear break below 130.00 is then required to confirm another leg lower, eyeing then 128.80 level.



Support levels: 130.00 129.40 128.80



Resistance levels:  130.70 131.35 131.90



GBP/USD Current price: 1.5321


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The GBP/USD stand fairly well above 1.5320, daily low, holding the positive tone seen on previous updates: the hourly chart shows price above a bullish 20 SMA while indicators head slightly higher in positive territory. In the 4 hours chart indicators lose strength, although also hold in positive territory. Recent highs around 1.5400 converge with the 61.8% retracement of the latest daily fall, so clearance of the level is required to confirm further gains in the pair, with 1.5485 area as next probable bullish target. 



Support levels: 1.5320 1.5280 1.5250 



Resistance levels: 1.5385 1.5420 1.5460



USD/JPY Current price: 98.36


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The USD/JPY traded lower standing back below its 100 DMA, and with a clear bearish tone in the short term, as the hourly chart shows indicators heading south having been unable to stand in positive territory. Moving averages are above current price, supporting more downward pressure, while bigger time frames also present a negative tone. Lose of the 98.00 figure should expose past week lows around 97.50 while once below this last, the pair may catch up further downward momentum and retest June lows around 93.70.



Support levels:  97.90 97.50 97.20



Resistance levels: 98.45 98.80 99.20 



AUD/USD Current price: 0.8928


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The AUD/USD is finding some support late US session, dragged higher by CAD gains, yet still far from suggesting further gains to come. The pair has spent most of this first day of the week consolidating its losses, and the hourly chart shows price barely above a flat 20 SMA while indicators stand in positive territory, although also flat. In the 4 hours chart price stands around its 20 SMA, while indicators already corrected extreme oversold levels reached past Friday. Some steady gains above 0.8950 may see the pair advancing further towards 0.9000 price zone, where selling interest is expected to resume.



Support levels: 0.8910 0.8870 0.8835 



Resistance levels:  0.8950 0.9090 0.9035















































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