EUR/USD
Current level – 1.1206
The successful break of the resistance level at 1.1160 pushed the price up to the 1.1245 zone. After a minor retracement to 1.1160, the outlook for the Euro remains positive. Expectations are for a move towards 1.1280 with 1.1130 acting as support.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1280 | 1.1300 | 1.1160 | 1.0960 |
| 1.1300 | 1.1350 | 1.1130 | 1.0850 |
USD/JPY
Current level – 106.26
The price found support around the 105.552 level but the USD/JPY could not stage a comeback as it could not break the resistance zone around 107.0840. If the negative trend continues, a move towards the 105.00 support may be expected. In case the pair gains upward momentum, the levels around 107.0840 would be a minor resistance.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 106.80 | 108.00 | 105.50 | 104.46 |
| 107.25 | 110.00 | 105.00 | 100.00 |
GBP/USD
Current level – 1.2147
The pair is currently consolidating in the range between the major support level at 1.2086 and the price around 1.2250. If the price breaks above 1.2250, the sentiment should improve and we might see a test of the resistance at 1.2400. If 1.2086 does not hold, a move towards 1.1910 should follow.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2250 | 1.2350 | 1.2100 | 1.1980 |
| 1.2250 | 1.2520 | 1.2090 | 1.1900 |
