EURUSD
Again we see a failure to break any support or resistance levels during the previous session. There was 2 attempt to break 1.3330 support, first time dropping to daily low 1.3322 and second time to 1.3327, however in both cases the candle on the H1 chart failed to close below 1.3330 support making it a failed attempt instead of a genuine break. This means the outlook remains the same and no change to any support or resistance levels.

Watch out for US pending Home Sales m/m at 2:00pm GMT which is expected at 0.2% an improvement on the previous reading of -0.4%

Res: 1.3410, 1.3450, 1.3480, 1.3520
Sup: 1.3330, 1.3300, 1.3260, 1.3230



GBPUSD
Strong downward momentum for the Sterling, we saw it break 2 supports (1.5540 & 1.5515) and continued to drop to test the 3rd support at 1.5490. It did manage to achieve a daily low below that level at 1.5480 however the candle on the H1 chart did not close below it so we will consider it just a test and not a break, so the support still holds. Sterling retraced up 75 pips later on and now looks like it’s going for another shot at the 1.5490 support

Res: 1.5555, 1.5600, 1.5640, 1.5700,
Sup: 1.5490, 1.5420, 1.5375. 1.5300



USDJPY
The previous session was a big losing day for USDJPY, with the daily range between high and low at 155 pips. This steep drop broke all 4 previously mentioned supports 98.10, 97.8, 97.55 and 97.30. A strong achievement for just 1 day. It achieved a trend low of 96.80 which will be our first support level for today, since that low USDJPY took a brief break retracing 60 pips back up to 97.40 during today’s early trading. Japan's Nikkei ends down 1.5% at 13,338.46

Res: 97.40, 97.70, 98.00 98.40
Sup: 96.80, 96.40, 96.00, 95.80



AUDUSD
After 2 previous failed attempts to break 0.8930 support, the Aussie finally did earlier today and continued its fall to test next support at 0.8900, which is also today’s daily low. We saw a 30 pip retracement afterwards which is usually expected. The current downtrend for AUDUSD on the H1 chart is from 0.9070 (26th August) to 0.8900. The outlook will remain bearish today as long as trading stays below 0.9030 with a revisit of 0.8900 and further fall to 0.8845 as our targets

Res: 0.9000, 0.9040, 0.9100, 0.9130
Sup:, 0.8900, 0.8845, 0.8800, 0.8769



Gold
Gold has seen 4 consecutive sessions of gains and today appears to continue this trend. It found no problem breaking our 3 resistances 1407, 1415 and 1425 to achieve a current uptrend high at 1433. Gold futures declined early Wednesday, with the safe-haven asset taking a breather after surging into a bull market on concerns about military action against Syria. Only a drop back below 1400 will we reverse our current bullish outlook

Res: 1433, 1445, 1455, 1490
Sup: 1413, 1405, 1390, 1370