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It looks like we are having a bit of a bounce in risk heading into New York trading.  I guess the Facebook IPO has caught everyone's imagination.  Futures and gold are pointing higher.  I would expect a bit of consolidation today.  Only time will tell.  Here is a rundown of the majors.

EURUSD

Bounced of the support zone In Europe.

Sup    1.2665    1.2625

Res     1.2750

GBPUSD

The 50 Fib held.

Sup    1.5767  50 Fib

Res     1.59

AUDUSD

Broke Below the support zone.  Now trying to bounce with risk

Sup   98

Res   99

NZDUSD

The pair bounced of channel support.  I am kicking myself for missing that one.

Sup    7535               75

Res     7650

USDCAD

Sup    1.0050

Res    1.02

USDJPY