EUR/USD Current price: 1.2287

Another leg lower can be expected in EURUSD, even as the major currency finds current support via the 1.2250 figure. With overbought signals still intact, the single currency is anticipated to make a push for a 1.2162 support test. Any short term correction should be held at bay by the looming 1.2415 resistance figure.
Support levels: 1.2250 1.2220 1.2160

Resistance levels: 1.2335 1.2380 1.2410

GBP/USD Current price: 1.5680

Neutral market signals continue to permeate for the pound sterling. Price action continues to remain in a rangebound scenario, contained by topside resistance at 1.5750 and bottomside support of 1.5500. A break above/below is required before further directional bias can be established.

Support levels: 1.5660 1.5625 1.5590

Resistance levels: 1.5700 1.5730 1.5770

USD/JPY Current price: 78.27

USDJPY continues to trade in consolidation, supported by the 78.00 round figure barrier. Indications continue to remain bullish, nonetheless, as a MACD divergence has emerged to support an advance. A penetration above 78.68 resistance would spark an advance to 79.50.

Support levels: 78.10 77.90 77.65

Resistance levels: 78.80 79.15 79.40

AUD/USD: Current price: 1.0552

Continuing to stall below the key 1.0600 resistance barrier, AUDUSD remains bearishly tilted. Failure to rise above the figure would spark a speedy decline to initial support circa the 1.0465 barrier. Although signals continue to remain bearish, an unexpected spike to 1.0634 resistance wouldn’t be out of the cards.  

Support levels: 1.0530 1.0495 1.0440

Resistance levels: 1.0580 1.0615 1.0640

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