EUR/USD
Current level – 1.1436
The pair is trying to break through the 1.1420 level after the negative US jobs report released on Friday.We expect the 1.1470 resistance to stop the current upmove and continuation of the midterm downtrend for a test of 1.1214. A break there will pave the way for a downmove to 1.1035. Break through 1.15 will neutralise the bearish scenario.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1360 | 1.1500 | 1.1320 | 1.1200 |
| 1.1420 | 1.1620 | 1.1260 | 1.0850 |
USD/JPY
Current level – 112.35
The 112.20 support level is holding so far and we expect a correction to 113.60 resistance level. In case of a break of 112.20 then the next support at 111.77 will come into play.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 114.00 | 114.50 | 113.10 | 112.30 |
| 114.20 | 116.20 | 112.60 | 111.60 |
GBP/USD
Current level – 1.2745
It seems that the pair can’t find it’s way after several tests of the 1.2820 zone. I expect a fall from the current levels as the target is the historically strong 1.2660. If the level gets broken the dall could extend to 1.2340.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2860 | 1.3250 | 1.2720 | 1.2660 |
| 1.2920 | 1.3440 | 1.2660 | 1.2340 |
