EUR/USD
Current level – 1.1832
During yesterday’s trading session, the currency pair broke the resistance at 1.1877 and went for a test of the next resistance at 1.1940, but failed to reach it and a euro sell-off followed. By the end of the day, the currency pair had closed at levels close to its opening values. In the first hours of today’s trading session, there was a slight recovery in the value of the euro against the dollar, but forecasts are for a negative movement and a test of the first important support at 1.1780.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1840 | 1.1940 | 1.1780 | 1.1700 |
| 1.1880 | 1.2000 | 1.1740 | 1.1440 |
USD/JPY
Current level – 106.13
The currency pair continues to trade in a narrow range (105.80 -106.50) since the beginning of the month, but the forecasts are for a downward movement and a violation of the lower border of the range, which also acts as a key support – 105.80. The first important resistance is the upper border of the range – the level of 106.50.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 106.45 | 106.94 | 106.00 | 104.70 |
| 106.45 | 107.20 | 105.30 | 104.22 |
GBP/USD
Current level – 1.2820
After the pound collapsed against the dollar with two and a half figures during the last trading session, the expectations during today’s session are for a short-term correction to the level of about 1.2880, which is also the first important resistance. The forecast is then for the downward movement to continue and for the local bottom of 1.2770 from yesterday, which is also an important support level, to be tested.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2880 | 1.3180 | 1.2770 | 1.2640 |
| 1.3050 | 1.3250 | 1.2640 | 1.2530 |
