As markets haven't witnessed major data today; higher yielding currencies maintain gainswhere the economic calendar is kind of free, thus the optimism about Greece putting an end to its story within the coming hours continues to support markets.
The euro is trading within a relatively tight range since morning just above the key breached resistance level at 1.3235, this level is a neckline for an inverted head and shoulders pattern, maintaining stability above this level hints further gains may be seen within the upcoming sessions, eyeing 1.3500 as the next possible stop, however failure to hold above 1.3200 could put the pair under downside pressure once more.
The pair is few pips up from the daily open at 1.3259, currently trading around 1.3266. Main resistance and support levels for today start at 1.3280 followed by 1.3350, to the downside 1.3200 and 1.3140.
The USD/JPY is attempting to regain bullish momentum after testing the major support around 76.00 few days ago, attempting to test the descending resistance of a major descending triangle formation in addition to the 50-days Simple Moving Average, around 77.50 areas. If this resistance was taken, we may see a test of post-intervention high at 79.50 areas. At the moment the pair is slightly up trading at 76.86 after printing a high today at 77.18, while today's open was at 76.75.
GBP/USD is paring gains after surpassing yesterdays high at 1.5880 to print a new high today at 1.5928. The pair is trading around this important intraday support at 1.5880 after opening the day 1.5895 breaking below 1.5880-1.5860 could lead to 1.5800 and 1.5750. On the other hand, holding above this level could lead to another attempt towards today's high at 1.5930.
The NZD/USD continues to trade within the steady uptrend that started from last December bottom at 0.7460. Employment report is to be released tonight 21:45GMT, unemployment rate is expected it decline in the fourth quarter from 6.6% to 6.5%, economists also expect employment numbers from the previous reading of 0.2% to 0.4%; good news could support the current rally, while a downside surprise may halt it at least temporarily.
The pair is trying to build a base above the latest high that was breached today at 0.8380, eyeing the top of the short term ascending channel as a next possible target near 0.8450 areas. To the downside 0.8300 should limit any downside pullback otherwise we could see a deeper correction. The pair opened the day at 0.8356, setting so far the high at 0.8405 and a low at 0.8342.