EUR/USD Current price: 1.3587


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Dollar managed to strength some this Friday particularly against European rivals, most likely on profit taking ahead of the weekend, and the uncertainty surrounding markets. The downward corrective movement however, held so far above 1.3575 which remains as the key support to break to confirm further intraday losses. The hourly chart shows, price bouncing slightly higher although well below its 20 SMA, while indicators aim higher from oversold readings, reflecting the lack of selling interest at current levels. In the 4 hours chart, 20 SMA offers dynamic support around 1.3580, reinforcing the static support level, while indicators hold in positive territory after correcting overbought readings.


Support levels: 1.3570 1.3535 1.3490


Resistance levels: 1.3620 1.3660 1.3710



GBP/USD Current price: 1.6050


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The GBP took the worse this Friday, falling down to 1.6032 against the dollar. The steady fall in the pair has left hourly indicators in extreme oversold territory, holding there ahead of the US opening, and with price limited below 1.6060 static resistance level. In the 4 hours chart the pair maintains a strong bearish tone, suggesting the movement can extend, with 1.5970 as key level support to watch over the upcoming hours, as only below the pair will be exposed to a bearish continuation over the upcoming days.


Support levels: 1.6030 1.6000 1.5970


Resistance levels: 1.6060 1.6090 1.6120 



USD/JPY Current price: 97.07


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The USD/JPY flirts with the 97.00 level maintaining a strong bearish tone after the BOJ decided to keep its economic policy unchanged past Asian session. The hourly chart shows price capped below 97.50 static resistance level, with moving averages heading lower above it and indicators retracing from their midlines, which supports a continued slide. Bigger time frames also present a negative bias, still looking for a test o 95.80 August lows.


Support levels:  96.90 96.50 96.20


Resistance levels: 97.50 98.00 98.40 



AUD/USD Current price: 0.9433


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Australian dollar advanced some more against the greenback, although still trading below 0.9450 price zone. The hourly chart shows indicators losing upward potential, but 20 SMA offering dynamic support around 0.9420, while the 4 hours chart maintains the positive tone seen on previous updates. Above 0.9450, the pair may extend its advance up to 0.9525, post FOMC highs and immediate bullish target.


Support levels: 0.9420 0.9370 0.9335 


Resistance levels:  0.9450 0.9490 0.9525















































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