19 January 2014

GBPUSD - Support found at the Sep + Dec 2012 highs. But there has not been a definitive move up. There is no real trend and we have been going sideways in a band.

EURJPY - D lower high negative close. Would expect the bias to be down but there is support in the area 140.75 - 141.25.

EURAUD - D closed negative, a relatively small reaction to the key 1.5500 resistance level. At this stage no reason to believe this is anything other than a pause in uptrend.

AUDUSD - D closed negative below the Dec lows but made no real progress lower. A move up to test the support level before moving down further in trend would be no surprise.