EUR/USD Current price: 1.3276


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Regardless the huge fundamental news released last week, the EUR/USD maintains its last 2 weeks range, between 1.3150 and 1.3300, mostly due to the typical lack of volume of summer in the north hemisphere, but also, because any of both currencies can be qualified as strong at the time being, when it comes to measure latest economic developments. Nevertheless, the pair maintains a positive tone according to technical readings, with the hourly chart showing price well above a bullish 20 SMA and indicators in positive territory; the daily chart also presents a bullish tone, that favors rallies rather than retracements for this week: above 1.3300, the pair may attempt to retest 1.3340 past week high, while once above the path is quite clear towards 1.3410, June monthly high. 



Support levels: 1.3250 1.3220 1.3180



Resistance levels: 1.3295 1.3340 1.3385



EUR/JPY Current price: 131.50


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EUR/JPY upward momentum seen last week may not be able to extend this one, as the yen stands strong against most rivals, after latest disappointing US employment figures. The pair may lose part of its charm in the days ahead, with the hourly chart presenting some bearish divergences at the time being, despite price is standing right above the 61.8% retracement of its latest fall around 131.40 and above moving averages. Steady gains at this area, may see some follow trough up to 132.00 in the short term, yet if the support gives up, there are chances of a slowly but steady slide towards 130.00 in the sessions to come.



Support levels: 131.40 131.00 130.50 1



Resistance levels:  132.00 132.60 133.10



GBP/USD Current price: 1.5290


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The GBP stands among the strongest currencies of the board, with the GBP/USD trading right below 1.5300.  Improving economic data in the UK has been part of the reason of these gains, along with the lack of attractive of other riskier assets. The GBP/USD hourly chart shows indicators flat in extreme overbought levels, far from suggesting a correction is underway. In the 4 hours chart technical stance is bullish, with price above 200 EMA currently around 1.5250 and immediate support. Stead gains above past Friday high of 1.5307 should signal an upward continuation for this first day of the week.



Support levels: 1.5250 1.5220 1.5180 



Resistance levels: 1.5310 1.5350 1.5385



USD/JPY Current price: 98.97


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The UDD/JPY faltered again a few pips below 100.00 key psychological level, easing nearly 150 pips after US employment report. The hourly chart shows price finding support in its 200 SMA, while momentum heads south in negative territory, keeping the upside limited. In bigger time frames technical readings turned lower still in positive territory, not far from giving selling signals: 100 DMA around 98.50 is the key support to follow, as once below the pair has scope for a retest of recent lows in the 97.50/60 price zone.



Support levels:  98.50 98.00 97.60



Resistance levels: 99.20 99.50 99.80 



AUD/USD Current price: 0.8907 


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AUD/USD stands near its lows, having been unable to regain ground even despite dollar sold off last Friday. The pair even posted a fresh multiyear low at 0.8869 after the news, and starts the week with a pretty neutral tone in its hourly chart, as indicators hover around their midlines and price stands right along with its 20 SMA. In the 4 hours chart indicators correct extreme oversold readings but hold in negative territory, while 20 SMA heads strongly south currently around 0.8950. Overall, the bearish trend rules, and spikes higher should be seen as selling opportunities up to 0.9000 figure in the short term.



Support levels: 0.8870 0.8835 0.8800



Resistance levels:  0.8950 0.9090 0.9035















































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