EUR/USD Current price: 1.3247

View Live Chart for the EUR/USD
a
Closing above the 1.3180 resistance figure, EURUSD prospects are looking bullish. The upside penetration opens scope for a medium term advance on the 1.3505 fib resistance level. Any retracement will likely be held at bay by the 1.3157 figure.

Support levels: 1.3091 1.3123 1.3175 
Resistance levels: 1.3259 1.3291 1.3343

GBP/USD Current price: 1.6260

View Live Chart for the GBP/USD (select the currency)
a
GBPUSD is experiencing some weakness ahead of resistance at 1.6300 in the near term. The barrier should act as impetus for a decline to initial support at 1.6106 fib support, before additional upside can be obtained.

Support levels: 1.6129 1.6162 1.6206
Resistance levels: 1.6283 1.6316 1.6360

USD/JPY Current price: 84.27

View Live Chart for the USD/JPY (select the currency)
a
Resistance via the 84.50 figure continues to loom over USDJPY price action, lending a bearish bias in the short term. Any failure to rise above the figure would bolster a decline to initial support at 82.88.

Support levels: 83.47 83.65 83.93
Resistance levels: 84.39 84.57 84.85

AUD/USD: Current price: 1.0516

View Live Chart for the AUD/USD (select the currency)
a
AUDUSD continues to remain corrective under resistance at 1.0575, falling for the second straight session. A break of the near term support level at 1.0500 round figure would prompt a decline to 1.0400.

Support levels: 1.0468 1.0492 1.0514
Resistance levels: 1.0560 1.0584 1.0606

Views: 96

Tags: AUD/USD, AUDUSD, EUR/USD, EURUSD, Euro Bullish, GBP/USD, GBPUSD, Richard Lee, USD/JPY, USDJPY

Comment by Richard Lee on December 19, 2012 at 1:32pm

Thanks Leon

Glad to be here :)

Comment

You need to be a member of Forex Social Network to add comments!

Join Forex Social Network

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video