EUR/USD Current price: 1.3592


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The EUR/USD trades steady in range, having shown little follow through during the last two sessions, as despite bid, the EUR has barely moved away from the 1.3600 mark. Technically, the hourly chart shows an increasing bearish tone, with price crossing below its 20 SMA and indicators heading lower nearing their midlines. In the 4 hours chart technical readings stand in positive territory, but also losing upward strength. Nevertheless, sort term buyers had surged on approaches to the 1.3570/80 area, and only a break below will suggest further losses for today. 


Support levels: 1.3570 1.3535 1.3490


Resistance levels: 1.3620 1.3660 1.3710



GBP/USD Current price: 1.6179


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The GBP/USD losses ground below the 1.6200 level, presenting a short term bearish tone according to the hourly chart, as indicators head south in negative territory and price accelerating towards 1.6160, yesterday’s low. In the 4 hours chart technical readings are also quite bullish, suggesting a probable test of the1.6100 area for the upcoming hours.


Support levels: 1.6160 1.6120 1.6080 


Resistance levels: 1.6260 1.6300 1.6335



USD/JPY Current price: 97.58


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USD/JPY attempt to recovery halted around 97.80, with the pair turning back south early US session. Despite recent recovery, the upside still seems quite limited, with moving averages heading lower well above current price; besides, distance in between 100 and 200 SMAs widens, reflecting sellers are still in control. 


Support levels: 97.20 96.80 96.40


Resistance levels: 98.00 98.40 98.80



AUD/USD Current price: 0.9394


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Australian dollar holds to recent range showing little progress all though this Thursday, also condemned to a tight range. The hourly chart shows a pretty neutral tone, with indicators around their midlines and price hovering around 20 SMA, same as the 4 hours chart. As comment on previous updates, only a steady advance beyond 0.9450 will support an upward continuation in the pair  while below 0.9280 the downside will be favored.


Support levels: 0.9335 0.9280 0.9240  


Resistance levels:  0.9410 0.9450 0.9490
















































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