EUR/USD
Current level – 1.0888
The downtrend remains intact as the pair broke through another important level of support at 1.0910 and is headed towards the next at 1.0810. A retracement towards 1.0910, which should now act as a resistance, is not excluded, but a more bullish picture will be drawn if the price breaks and closes above 1.0966.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.0910 | 1.1070 | 1.0860 | 1.0810 |
| 1.0966 | 1.1176 | 1.0810 | 1.0717 |
USD/JPY
Current level – 108.15
positive for a test of the resistance at 108.42. A successful break above this level could push the price towards 108.80. On the downside, first support remains 107.80.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.25 | 108.80 | 107.82 | 106.40 |
| 108.40 | 109.50 | 107.51 | 105.80 |
GBP/USD
Current level – 1.2279
After yesterday’s rebound from the support level at the 1.2270-80 zone, the pair is trading just above it. Expectations are that the aforementioned level will be tested again and, if the test proves successful, the downward move should continue towards 1.2230. On the upside, first resistance is at 1.2416.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2380 | 1.2500 | 1.2280 | 1.2100 |
| 1.2417 | 1.2580 | 1.2200 | 1.2000 |
