EUR/USD

Current level – 1.1089

After last week’s volatility,  the EUR/USD seems to be consolidating after a minor retracement of the recent drop. A successful  test of 1.1106 can push the price higher towards 1.1155 and even 1.1221, which could be a sign  for  reversal of the trend. Until then, expectations are that the pair moves back into a bearish phase. A break through the area of 1.1069 would pave the way to 1.1020.

Resistance Support
intraday intraweek intraday intraweek
1.1069 1.1244 1.1069 1.1020
1.1160 1.1300 1.1020 1.0960

USD/JPY

Current level – 106.34

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The pair seems to be headed towards a new test of the 106.4780 minor resistance, which, if successful, might bring a more bullish outlook towards 106.765. If the impulse is not strong enough, we might see the USD/JPY head towards 105.7060 and 105.100.

Resistance Support
intraday intraweek intraday intraweek
106.75 107.50 105.70 104.46
107.50 108.50 105.00 100.00

GBP/USD

Current level – 1.2144

After the bulls managed to push the GBP/USD over the resistance level at 1.21439, which  should now act as a support in case of a move down. However, the downtrend is still intact and a move towards the major support  at 1.2097 and 1.2047 is not out of the question. On the upside, a break through 1.2171 could target the next resistance zone around 1.2190.

Resistance Support
intraday intraweek intraday intraweek
1.2100 1.2350 1.2016 1.1980
1.2200 1.2520 1.1980 1.1900

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